Defendant Name: WEX Inc.

Defendant Type: Public Company

Document Reference: 34-93753-s

Document Details

Legal Case Name In the Matter of WEX Inc.
Document Name SEC Charges WEX Inc. for Internal Accounting Control Failures Relating to Its Brazilian Subsidiary
Document Date 13-Dec-2021
Document Format Administrative Proceeding
File Number 3-20676
Allegation Type Issuer Reporting and Disclosure
Document Summary The SEC "announced settled charges against WEX Inc. for violating the reporting, books and records, and internal accounting control provisions of the federal securities laws."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Monetary Penalties:

Civil Penalty

Individual:     $350,000.00 Shared:    

Related Documents:

34-93753 13-Dec-2021 Administrative Proceeding
Order Instituting Cease-and-Desist Proceeding Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On December 13, 2021, the SEC instituted settled cease-and-desist proceedings against WEX Inc. stating: "WEX, a Maine-based reporting company that describes itself as a financial technology service provider, failed properly to devise and maintain a sufficient system of internal accounting controls at its Brazilian subsidiary, UNIK S.A."