Defendant Name:
Entergy Corporation
Defendant Type:
Public Company
Document Reference:
2024-206
Document Details
Legal Case Name
SEC v. Entergy Corporation
Document Name
SEC Charges Utility Company Entergy Corp. with Internal Accounting Controls Violations; Company Agrees to Pay $12 Million in Penalties and Adopt Independent Consultant's Recommended Improvements
Document Date
20-Dec-2024
Document Format
Civil Proceeding
Case Number
24-cv-03554
Federal District Court
District of Columbia, District of Columbia
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On December 20, 2024, the SEC "announced that Entergy Corporation, a Louisiana-based utility company, agreed to pay a
$12 million civil penalty to settle charges that it failed to maintain internal accounting
controls to ensure that its surplus materials and supplies were accurately recorded in its
books and financial statements in accordance with generally accepted accounting
principles (GAAP)."
Disgorgement & Penalty Information
Resolutions
Enjoinment
Compliance Related Independent Consultant
Monetary Penalties:
Civil Penalty
Individual:
$12,000,000.00
Shared:
