Defendant Name: GlaxoSmithKline plc 

Defendant Type: Public Company
SIC Code: 2834
CUSIP: 37733W10

Document Reference: 34-79005

Document Details

Legal Case Name In the Matter of GlaxoSmithKline plc
Document Name Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date 30-Sep-2016
Document Format Administrative Proceeding
File Number 3-17606
AAER 3810
Allegation Type Foreign Corrupt Practices Act
Document Summary On September 30, 2016, the SEC issued a settled administrative proceedings against GlaxoSmithKline plc for the violations of the internal controls and recordkeeping provisions of the FCPA.

Disgorgement & Penalty Information

Cease and Desist Order
Other Compliance Related Undertaking
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:

Civil Penalty

Individual:     $20,000,000.00 Shared:    

Related Documents:

34-79005-s 30-Sep-2016 Administrative Summary
GlaxoSmithKline Pays $20 Million Penalty to Settle FCPA Violations
On September 30, 2016, the SEC announced that: "GlaxoSmithKline plc (“GSK”) has agreed to pay $20 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) when its China-based subsidiaries engaged in pay-to-prescribe schemes to increase sales."