Defendant Name:
VimpelCom Ltd.
Defendant Type:
Public Company
Document Reference:
court_doc3_16-cv-01266
Document Details
Legal Case Name
SEC v. VimpelCom Ltd
Document Name
Final Judgment
Document Date
22-Feb-2016
Document Format
Civil Proceeding
Case Number
16-cv-01266
Federal District Court
New York, Southern District of New York
Federal District Judge
Victor Marrero
Allegation Type
Foreign Corrupt Practices Act
Document Summary
On February 22, 2016, Federal District Judge Victor Marrero entered final judgment against VimpelCom Ltd pursuant to the consent of VimpelCom Ltd. The Court Order provided that: "Defendant's disgorgement obligation in the amount of $375,000,000 shall be deemed satisfied in part by Defendant's forfeiture payment of $167,500,000 within ten (10) days of Defendant's resolution with the Prosecution Authority of the Netherlands and Defendant's forfeiture payment of $40,000,000 within ten (10) days of its sentencing hearing as part of Defendant's resolution with the United States Department of Justice."
Disgorgement & Penalty Information
Resolutions
Enjoinment
Compliance Related Independent Consultant
Various undertakings
Monetary Penalties:
Disgorgement
Individual:
$375,000,000.00
Shared: