Defendant Name: CSK Auto Corporation

Defendant Type: Subsidiary of Public Company

Document Reference: 33-9034

Document Details

Legal Case Name In the Matter of CSK Auto Corporation
Document Name Order Under Section 27A(b) of the Securities Act of 1933 and Section 21E(b) of the Securities Exchange Act of 1934, Granting Waivers of the Disqualification Provisions of Section 27A(b)(1)(A)(ii) of the Securities Act of 1933 and Section 21E(b)(1)(A)(ii) of the Securities Exchange Act of 1934
Document Date 29-May-2009
Document Format Administrative Proceeding
File Number 3-13485
AAER 2982
Allegation Type Issuer Reporting and Disclosure
Document Summary The SEC ordered: " a waiver from the disqualification provisions of 27A(b)(1)(A)(ii) of the Securities Act and Section 21E(b)(1)(A)(ii) of the Exchange Act as to O’Reilly resulting from the entry of the Cease-and-Desist Order is hereby granted. "

Disgorgement & Penalty Information

Resolutions
Waiver of Disqualification Provisions

Related Documents:

33-9032 26-May-2009 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On May 26, 2000, the SEC instituted settled cease-and-desist proceedings against CSK Corporation. The SEC stated: "This case involves a financial reporting fraud at CSK during the company’s fiscal years 2002, 2003, and 2004. Specifically, CSK, through its former chief operating officer, former chief financial officer, former controller, and former director of credits and receivables (all of whom left CSK in 2006), materially overstated the company’s income by (i) failing to write off vendor allowance receivables when they knew, or should have known, the receivables were uncollectible, and (ii) improperly recognizing certain vendor allowances during fiscal year 2003. CSK’s failure to write off vendor allowances and improper recognition of vendor allowances in 2003 were contrary to Generally Accepted Accounting Principles (“GAAP”)."