Defendant Name:
Check Point Software Technologies Ltd.
Defendant Type:
Public Company
SIC Code:
7370
CUSIP:
M2246510
Document Reference:
33-11321
Document Details
Legal Case Name
In the Matter of Check Point Software Technologies Ltd.
Document Name
Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
22-Oct-2024
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On October 22, 2024, the SEC instituted settled cease-and-desist proceedings against Check Point Software Technologies Ltd., stating "This matter concerns materially misleading statements that Check Point, a provider of products and services for information technology ("IT") security, negligently made to investors about Check Point's cybersecurity risks."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$995,000.00
Shared:
