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Violation Tracker Individual Record

Company: Moog Inc.
Current Parent CompanyMoog Inc.
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $1,100,000
Year: 2024
Date: October 11, 2024
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Violation Description: Moog Inc., a New York-based global manufacturer of motion controls systems for aerospace, defense, industrial and medical markets, agreed to pay a civil penalty of $1.1 million to resolve the SEC's charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its wholly owned Indian subsidiary, Moog Motion Controls Private Limited.
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: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: aerospace and military contracting
Specific Industry of Current Parent: aerospace & military contracting
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.