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
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: