Defendant Name:
Altair Nanotechnologies, Inc.
Defendant Type:
Public Company
SIC Code:
1000
CUSIP:
02137330
Document Reference:
34-78997
Document Details
Legal Case Name
In the Matter of Altair Nanotechnologies, 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
29-Sep-2016
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On September 29, 2016, the SEC instituted settled cease-and-desist proceedings against Altair Nanotechnologies, Inc. ("Altair"). The SEC stated: "This financial reporting matter arises from Altair’s violations of the reporting and internal controls provisions of the Exchange Act."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
The Commission ordered that Altair shall file with the Commission: "(1) a Form 10-K containing financial results for the yearly and quarterly periods set forth in Attachment A hereto; (2) a Form 10-Q for the quarterly period ended March 31, 2016; (3) a Form 10-Q for the quarterly period ended June 30, 2016; and (4) a Form 10-Q for the quarterly period ended September 30, 2016."
Monetary Penalties:
Civil Penalty
Individual:
$250,000.00
Shared:
