Defendant Name: CBRE, Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: CBRE Group, Inc.
SIC Code: 6531
CUSIP: 12504L10

Document Reference: 34-98429

Document Details

Legal Case Name In the Matter of CBRE, Inc.
Document Name 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
Document Date 19-Sep-2023
Document Format Administrative Proceeding
File Number 3-21675
Allegation Type Other
Document Summary On September 19, 2023, the SEC instituted cease-and-desist proceedings against CBRE, Inc., stating that, by requiring certain representations in the CBRE, Inc.'s separation agreements entered with its employees, "CBRE took action to impede potential whistleblowers from reporting complaints to the Commission."

Disgorgement & Penalty Information

Resolutions
Censured
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:

Civil Penalty

Individual:     $375,000.00 Shared:    

Related Documents:

2023-184 19-Sep-2023 Press Release--Administrative Proceeding
SEC Charges CBRE, Inc. with Violating Whistleblower Protection Rule
On September 19, 2023, the SEC "announced settled charges against CBRE, Inc. (CBRE), a Dallas-based commercial real estate services and investment firm and subsidiary of publicly traded CBRE Group, Inc., for using an employee release that violated the SEC’s whistleblower protection rule."