Defendant Name:
ITT Corporation
Defendant Type:
Public Company
Document Reference:
LR-20896
Document Details
Legal Case Name
SEC v. ITT Corporation
Document Name
SEC Files Settled Charges Against ITT Corporation for Violations of the Books and Records and Internal Controls Provisions of the Foreign Corrupt Practices Act
Document Date
11-Feb-2009
Document Format
Civil Proceeding
Case Number
09-cv-00272
Federal District Court
District of Columbia, District of Columbia
AAER
2934
Allegation Type
Foreign Corrupt Practices Act
Document Summary
The SEC stated that: "[It] filed a settled civil
injunctive action in the U.S. District Court for the District of Columbia
against ITT Corporation ("ITT"), a New York-based global multi-industry
company, alleging violations of Section 13(b)(2)(A) and (B) of the
Securities Exchange Act of 1934 ("Exchange Act")."
Disgorgement & Penalty Information
Resolutions
Enjoinment
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Disgorgement
Individual:
$1,041,112.00
Shared:
Civil Penalty
Individual:
$250,000.00
Shared:
Pre-Judgment Interest
Individual:
$387,538.11
Shared:
