Defendant Name: AgEagle Aerial Systems Inc.

Defendant Type: Public Company

Document Reference: 2023-201_3-21737

Document Details

Legal Case Name In the Matter of AgEagle Aerial Systems Inc.
Document Name SEC Charges Corporate Insiders for Failing to Timely Report Transactions and Holdings; Several issuers charged as well in connection with their insiders' reporting failures
Document Date 27-Sep-2023
Document Format Administrative Proceeding
File Number 3-21737
Allegation Type Other
Document Summary On September 27, 2021, the SEC "announced charges against six officers, directors, and major shareholders of public companies for failing to timely report information about their holdings and transactions in company stock. Five publicly-traded companies were also charged for contributing to the filing failures by insiders or failing to report their insiders' filing delinquencies."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Monetary Penalties:

Civil Penalty

Individual:     $190,000.00 Shared:    

Related Documents:

34-98552 27-Sep-2023 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On September 27, 2023, the SEC instituted settled cease-and-desist proceedings against AgEagle Aerial System Inc., stating: "These proceedings arise out of violations of the issuer reporting requirements and beneficial ownership reporting requirements of the federal securities laws."

Related Actions:

In the Matter of Nicole M. Fernandez-McGovern
Nicole M. Fernandez-McGovern