Defendant Name: Altair Nanotechnologies, Inc.

Defendant Type: Public Company

Document Reference: 34-78997-s

Document Details

Legal Case Name In the Matter of Altair Nanotechnologies, Inc.
Document Name Battery and Energy Storage System Company Settles with SEC Regarding Reporting and Internal Controls Violations
Document Date 29-Sep-2016
Document Format Administrative Proceeding
File Number 3-17600
Allegation Type Issuer Reporting and Disclosure
Document Summary The SEC stated that: "Altair Nanotechnologies, Inc. (“Altair”) has agreed to settle reporting and internal controls charges."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
"Altair agreed to . . . undertakings which require Altair to become current in its financial reporting through the quarterly period ended September 30, 2016, by no later than 5:30 p.m. ET on November 15, 2016. If Altair fails to comply with the undertakings, then the registration of each class of its securities registered pursuant to Section 12 of the Exchange Act will be revoked pursuant to Section 12(j) of the Exchange Act."
Monetary Penalties:

Civil Penalty

Individual:     $250,000.00 Shared:    

Related Documents:

34-78997 29-Sep-2016 Administrative Proceeding
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
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."