Defendant Name:
VTB Capital Plc
Defendant Type:
Other
Document Reference:
33-11000
Document Details
Legal Case Name
In the Matter of VTB Capital plc
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
19-Oct-2021
Document Format
Administrative Proceeding
Allegation Type
Securities Offering
Document Summary
On October 19, 2021, the SEC instituted settled cease-and-desist proceedings against VTB Capital plc stating: "This matter concerns material omissions and misleading statements in a 2016 bond offering for which VTB Capital Plc (“VTB”), a London-based investment bank, acted with Credit Suisse Group AG (“Credit Suisse”) as joint-lead manager."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
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:
