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Violation Tracker Individual Record

Company: Andersen, LLP
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: $217,000,000
Year: 2002
Date: March 1, 2002
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Mega-Scandal: Early 2000s Accounting Scandals
Violation Description: Andersen, LLP agreed to pay $217 million in settlement of allegations it failed to warn investors about the Baptist Foundation of Arizona's financial difficulties.
Level of Government: state
Action Type: agency action
Agency: Arizona Attorney General
Civil or Criminal Case: civil
Facility State: Arizona
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.