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Violation Tracker Individual Record

Company: Marrone Bio Innovations
Penalty: $1,750,000
Year: 2016
Date: February 17, 2016
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: The SEC accused biopesticide company Marrone Bio Innovations and a former executive with inflating financial results to meet projections it would double revenues in its first year as a public company. Marrone Bio agreed to pay a $1.75 million penalty to settle the cases.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.