Defendant Name:
Wipro Limited
Defendant Type:
Public Company
SIC Code:
7371
CUSIP:
97651M10
Document Reference:
34-79669
Document Details
Legal Case Name
In the Matter of Badree Komandur, ACA, Satish Arunachalam, CA, and Wipro Limited
Document Name
Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission's Rules of Practice, Making Findings, and Imposing Remedial Sanctions, a Cease-and-Desist Order, and a Civil Penalty
Document Date
22-Dec-2016
Document Format
Administrative Proceeding
AAER
3837
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On December 22, 2016, the SEC instituted a settled proceeding against Wipro Limited. According to the SEC: "from 2006 through 2009, Wipro violated the reporting, books and records and internal controls provisions of the Exchange Act in connection with the misstatements."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Compliance Related Undertaking
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$5,000,000.00
Shared:
Other Defendants in Action:
