Defendant Name: HLI Operating Company, Inc., f/k/a Hayes Lemmerz International, Inc.

Defendant Type: Public Company

Document Reference: court_doc4_06-cv-11935

Document Details

Legal Case Name SEC v. Ranko "Ron" Cucuz, William D. Shovers, Jesus Bonilla-Valdez, Ronald Lee Kolakowski, and HLI Operating Company, Inc., f/k/a Hayes Lemmerz International, Inc.
Document Name Final Judgment as to Defendant HLI Operating Company, Inc., f/k/a Hayes Lemmerz International, Inc.
Document Date 26-Apr-2006
Document Format Civil Proceeding
Case Number 06-cv-11935
Federal District Court Michigan, Eastern District of Michigan
Federal District Judge Avern Cohn
Allegation Type Issuer Reporting and Disclosure
Document Summary On April 26, 2006, the Court issued a final judgment against defendant HLI Operating Company, Inc., stating: "Defendant HLI Operating Company, Inc., formerly known as Hayes Lemmerz International, Inc., having entered a general appearance; consented to the Court's jurisdiction over Defendant and the subject matter of this action; consented to entry of this Final Judgment without admitting or denying the allegations of the Complaint (except as to jursidiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment."

Disgorgement & Penalty Information

Resolutions
Enjoinment

Related Documents:

court_doc1_06-cv-11935 25-Apr-2006 Complaint
Complaint
The SEC stated: "This case involves a financial fraud . . . to conceal Haye's true financial condition and operating results. From fiscal years 1999 to 2001, Hayes and certain of its former senior executives and employees, including the defendants named herein, knowingly or recklessly engaged in a fraudulent accounting scheme, whereby Hayes' financial results were manipulated, to achieve the company's internal corporate earnings targets and to mask its declining operating results."

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