Defendant Name:
GTT Communications, Inc.
Defendant Type:
Public Company
Document Reference:
2023-195
Document Details
Legal Case Name
In the Matter of GTT Communications, Inc.
Document Name
SEC Charges GTT Communications for Disclosure Failures
Document Date
25-Sep-2023
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On September 25, 2023, the SEC stated that: "[It] charged GTT Communications, Inc. with failing to disclose material information about unsupported adjustments the company made in several Commission filings, which increased GTT’s reported operating income by at least 15 percent in three quarters from 2019 through 2020. The SEC’s order credits GTT with promptly self-reporting, undertaking affirmative remedial measures, and providing substantial cooperation to the SEC, and does not order a civil penalty against GTT."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC