Defendant Name:
Hilton Worldwide Holdings Inc.
Defendant Type:
Public Company
Document Reference:
2020-242
Document Details
Legal Case Name
In the Matter of Hilton Worldwide Holdings Inc.
Document Name
SEC Charges Hospitality Company for Failing to Disclose Executive Perks
Document Date
30-Sep-2020
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC "announced settled charges against Virginia-based hospitality company Hilton Worldwide Holdings Inc. for failing to fully disclose perquisites and personal benefits provided to executive officers. The action was generated by the Division of Enforcement's use of risk-based data analytics to uncover potential violations related to corporate perquisites."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Civil Penalty
Individual:
$600,000.00
Shared: