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Company: BlueLinx Holdings Inc.
Current Parent Company:
BlueLinx Holdings
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $265,000
Year: 2016
Date: August 10, 2016
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: An Atlanta-based building products distributor agreed to pay $265,000 to settling allegations that it violated securities laws by using severance agreements that required outgoing employees to waive their rights to monetary recovery should they file a charge or complaint with the SEC or other federal agencies.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Georgia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: wholesalers
Specific Industry of Current Parent: wholesalers-building materials
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.