Basic Search
|
Summaries
|
Advanced SearchViolation Tracker Individual Record
Company: Logitech International
Current Parent Company:
Logitech International
Parent at the Time of the Penalty Announcement:
subscribe to see this data field
Penalty: $7,500,000
Year: 2016
Date: April 19, 2016
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: Logitech International agreed to pay a $7.5 million penalty for fraudulently inflating its fiscal year 2011 financial results to meet earnings guidance and committing other accounting-related violations during a five-year period.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic equipment
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.
