Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Vivendi Universal, S.A.
Current Parent Company: Comcast
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: $50,000,000
Year: 2003
Date: December 23, 2003
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: Vivendi agreed to pay $50 million to settle allegations of fraud, including false press releases, improper adjustments to earnings, and failure to disclose future financial commitments.
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: Pennsylvania
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: telecommunications
Specific Industry of Current Parent: telecommunications; media
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.