Defendant Name:
Mondelēz International, Inc.
Defendant Type:
Public Company
SIC Code:
2000
CUSIP:
60920710
Document Reference:
34-79753
Document Details
Legal Case Name
In the Matter of Cadbury Limited and Mondelēz International, Inc.
Document Name
Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings and Imposing Cease-and-Desist Orders and a Civil Penalty
Document Date
06-Jan-2017
Document Format
Administrative Proceeding
AAER
3841
Allegation Type
Foreign Corrupt Practices Act
Document Summary
On January 6, 2017, the SEC instituted a settled order against Cadbury Limited and Mondelēz International, Inc. for violations of the internal accounting controls and books and records provisions of the FCPA. According to the SEC: "Cadbury did not devise and maintain an adequate system of internal accounting controls sufficient to provide reasonable assurances that access to assets and transactions were executed in accordance with management's authorization and specifically to detect and prevent payments that may be used for improper or unauthorized purposes."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$13,000,000.00
Shared:
Other Defendants in Action:
