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Violation Tracker Individual Record

Company: Entergy Corporation
Current Parent Company: Entergy
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $12,000,000
Year: 2024
Date: December 20, 2024
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: The Securities and Exchange Commission announced that Entergy Corporation, a Louisiana-based utility company, agreed to pay a $12 million civil penalty to settle charges that it failed to maintain internal accounting controls to ensure that its surplus materials and supplies were accurately recorded in its books and financial statements in accordance with generally accepted accounting principles (GAAP).
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: Louisiana
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.