Defendant Name: Elanco Animal Health Inc.

Defendant Type: Public Company

Document Reference: 33-11326-s

Document Details

Legal Case Name In the Matter of Elanco Animal Health Inc.
Document Name SEC Charges Indiana-Based Animal Health Products Company with Antifraud Violations
Document Date 12-Nov-2024
Document Format Administrative Proceeding
File Number 3-22309
Allegation Type Issuer Reporting and Disclosure
Document Summary On November 12, 2024, the SEC "announced antifraud charges against Elanco Animal Health Inc. for misleading investors when it made statements about its revenue growth and end-user demand without also disclosing its reliance on certain quarter-end sales incentives that were necessary to achieve that revenue and caused its distributors to purchase goods in excess of existing end user demand. Elanco has agreed to pay $15 million to settle the charges."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Monetary Penalties:

Civil Penalty

Individual:     $15,000,000.00 Shared:    

Related Documents:

33-11326 12-Nov-2024 Administrative Proceeding
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