Defendant Name:
FMC Technologies, Inc.
Defendant Type:
Public Company
Document Reference:
2016-221
Document Details
Legal Case Name
In the Matter of FMC Technologies, Inc., Jeffrey Favret, CPA, and Steven K. Croft, CPA
Document Name
Company and Former Executives Paying Penalties for Accounting Violations
Document Date
20-Oct-2016
Document Format
Administrative Proceeding
AAER
3816
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On October 20, 2016, the SEC issued a press release announcing that "a Houston-based technology solutions company has agreed to pay a $2.5 million penalty to settle charges that it overstated profits in one of its business segments. Two then-executives at the company agreed to settle charges that they caused the violations to meet internal targets."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Compliance Related Undertaking
Other Defendants in Action: