Defendant Name:
Lumenis Ltd.
Defendant Type:
Public Company
SIC Code:
5040
CUSIP:
M6778Q10
Document Reference:
court_doc1_06-cv-03225
Document Details
Legal Case Name
SEC v. Lumenis, Ltd., Sagi A. Genger, and Kevin Morano
Document Name
Complaint
Document Date
26-Apr-2006
Document Format
Civil Proceeding
Case Number
06-cv-03225
Federal District Court
New York, Southern District of New York
Federal District Judge
Lewis A. Kaplan
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC stated: "From at least late 2001 through early 2003 (the "Relevant Period"), Lumenis Ltd. ("Lumenis"), an Israeli corporation with executive offices in New York and whose stock is publicly traded in the United States, acting through senior officers, engaged in a fraudulent scheme to inflate revenues and misrepresent other important financial metrics so as to deceive investors as to the company's true financial condition. The scheme was orchestrated by Lumenis' former chief operating offices, Sagi Genger ("Genger"), and its former chief financial offices, Kevin Morano ("Morano")."
Other Defendants in Action: