Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: L3 Technologies Inc.
Current Parent Company: L3Harris Technologies
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $1,600,000
Year: 2017
Date: January 11, 2017
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: L3 Technologies Inc. (formerly known as L-3 Communications Holdings Inc.), a contractor for U.S. and various foreign government agencies, agreed to pay a $1.6 million penalty to settle allegations that it failed to maintain accurate books and records and had inadequate internal accounting controls.
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: Florida
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: aerospace and military contracting
Specific Industry of Current Parent: aerospace & military contracting
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.