Defendant Name:
United Continental Holdings, Inc.
Defendant Type:
Public Company
SIC Code:
4512
CUSIP:
91004710
Document Reference:
34-79454
Document Details
Legal Case Name
In the Matter of United Continental Holdings, Inc.
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
02-Dec-2016
Document Format
Administrative Proceeding
AAER
3833
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On December 2, 2016, the SEC instituted settled proceedings against United Continental Holdings, Inc. According to the SEC: United violated "the books and records and internal accounting controls provisions of the Securities Exchange Act of 1934" by instituting "a flight route from Newark, New Jersey, to Columbia, South Carolina, that was projected to lose money."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Compliance Related Undertaking
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$2,400,000.00
Shared: