Defendant Name:
Nicor, Inc.
Defendant Type:
Public Company
SIC Code:
4924
CUSIP:
65408610
Document Reference:
complaint_07-cv-01739
Document Details
Legal Case Name
SEC v. Nicor, Inc. and Jeffrey L. Metz
Document Name
Complaint
Document Date
29-Mar-2007
Document Format
Civil Proceeding
Case Number
07-cv-01739
Federal District Court
Illinois, Northern District of Illinois
Federal District Judge
Harry D. Leinenweber
Allegation Type
Issuer Reporting and Disclosure
Document Summary
In the Complaint, the SEC alleged that: "Between 1999 and 2002, defendant Nicor, Inc. ('Nicor') engaged in improper transactions, made material misrepresentations and failed to disclose material information regarding its gas inventory layers in order to meet earnings targets and to increase its revenues under a performance-based rate plan administered by the Illinois Commerce Commission. This conduct violated the antifraud and reporting provisions of the federal securities laws. During this time, Jeffrey L. Metz ('Metz') was Assistant Vice President and Controller of Nicor and violated and/or aided and abetted Nicor's violations of these same federal securities laws."
Other Defendants in Action:
