Defendant Name:
Mimecast Limited
Defendant Type:
Public Company
SIC Code:
9999
CUSIP:
G1483810
Document Reference:
33-11322
Document Details
Legal Case Name
In the Matter of Mimecast Limited
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 Mimecast Limited, stating: "This matter concerns materially misleading misstatements negligently made by Mimecast to investors regarding a cybersecurity incident that Mimecast had experienced."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$990,000.00
Shared:
