Defendant Name:
VTB Capital Plc
Defendant Type:
Public Company
Document Reference:
34-102317_3-20628
Document Details
Legal Case Name
In the Matter of VTB Capital plc
Document Name
Order Creating Fair Fund and Setting Deadline to Submit Proposed Plan of Distribution
Document Date
31-Jan-2025
Document Format
Administrative Proceeding
Allegation Type
Securities Offering
Document Summary
The Commission order that: "A) the Credit Suisse Fair Fund is created pursuant to Section 308(a) of the Sarbanes- Oxley Act of 2002 for the disgorgement, prejudgment interest, and civil money penalties collected from Credit Suisse and VTB Capital for distribution to harmed investors; B) the $2,429,883.94 collected from VTB Capital, consisting of disgorgement and prejudgment interest, and any interest that has accrued thereon, will be recalled from the U.S. Department of the Treasury and added to the Credit Suisse Fair Fund for distribution to harmed investors; and C) the due date by which the Division will submit a Proposed Plan for the Credit Suisse Fair Fund."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
The Commission ordered to create a fair fund and set deadline to submit proposed plan of distribution
Fair Funds
Monetary Penalties:
Disgorgement
Individual:
$2,000,000.00
Shared:
Civil Penalty
Individual:
$4,000,000.00
Shared:
Pre-Judgment Interest
Individual:
$429,883.94
Shared:
