Defendant Name:
York International Corporation
Defendant Type:
Subsidiary of Public Company
Document Reference:
LR-20319
Document Details
Legal Case Name
SEC v. York International Corp.
Document Name
SEC Files Settled Foreign Corrupt Practices Act Charges Against
York International Corporation For Improper Payments to UAE
Officials, to Iraq Under the U.N. Oil for Food Program, and to Others
- - Company Agrees to Pay Over $12 Million and to Retain an
Independent Compliance Monitor
Document Date
01-Oct-2007
Document Format
Civil Proceeding
Case Number
07-cv-01750
Federal District Court
District of Columbia, District of Columbia
Allegation Type
Foreign Corrupt Practices Act
Document Summary
The SEC stated that: "[It] filed anti-bribery, internal
controls, and books and records charges under the Foreign Corrupt
Practices Act against York International Corporation ("York International") in
the U.S. District Court for the District of Columbia. York International, a
global provider of heating, ventilation, air conditioning, and refrigeration
products and services, was acquired by Johnson Controls, Inc. in 2005."
Disgorgement & Penalty Information
Resolutions
Enjoinment
Compliance Related Independent Consultant
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Disgorgement
Individual:
$8,949,132.00
Shared:
Civil Penalty
Individual:
$2,000,000.00
Shared:
Pre-Judgment Interest
Individual:
$1,083,748.00
Shared: