Defendant Name:
Cardinal Health, Inc.
Defendant Type:
Public Company
SIC Code:
8099
CUSIP:
14149Y10
Document Reference:
34-88303
Document Details
Legal Case Name
In the Matter of Cardinal Health, Inc.
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
28-Feb-2020
Document Format
Administrative Proceeding
AAER
4118
Allegation Type
Foreign Corrupt Practices Act
Document Summary
On February 28, 2020, the SEC instituted settled cease-and-desist proceedings against Cardinal Health, Inc. The SEC stated: "These proceedings arise out of Cardinal's violations of the internal accounting controls and recordkeeping provisions of the Foreign Corrupt Practices Act of 1977 (the "FCPA") through the operations of its former subsidiary in China."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Disgorgement
Individual:
$5,400,000.00
Shared:
Civil Penalty
Individual:
$2,500,000.00
Shared:
Pre-Judgment Interest
Individual:
$916,887.00
Shared:
