Defendant Name: Mard, Inc.

Defendant Type: Public Company

Document Reference: LR-23655

Document Details

Legal Case Name SEC v. Mard, Inc. f/k/a KiOR, Inc, et al.
Document Name SEC Charges Alternative Fuels Company and Former Executive for Key Omissions Regarding Technology
Document Date 27-Sep-2016
Document Format Civil Proceeding
Case Number 16-cv-02880
Federal District Court Texas, Southern District of Texas
Allegation Type Securities Offering
Document Summary On September 26, 2016, the SEC announced that it charged Mard, Inc. and its former CEO and President Fred Cannon for "failing to disclose important assumptions about the yield that KiOR had claimed to have achieved through the company's proprietary process of converting wood and other biomass into crude oil a key metric that was critical to KiOR's viability."

Disgorgement & Penalty Information

Resolutions
Enjoinment

Related Documents:

court_doc6_16-cv-02880 26-Sep-2016 Court Docket Document
Final Judgment as to Defendant Mard, Inc.
On September 29, 2016, the Southern District of Texas issued a final judgment in this matter.
complaint_16-cv-02880 26-Sep-2016 Complaint
Complaint
On September 26, 2016, the SEC filed a complaint against Mard, Inc. alleging that it "have committed, and unless restrained and enjoined will continue to commit, violations of the antifraud provisions of the Securities Act of 1933."

Other Defendants in Action:

Fred H. Cannon, Jr.