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Violation Tracker Individual Record

Company: Flowserve Corporation
Current Parent Company: Flowserve
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $350,000
Year: 2005
Date: March 24, 2005
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: Flowserve Corporation, a manufacturer of precision-engineered flow control equipment headquartered in Irving, Texas, agreed to pay $350,000 to settle allegations of violating Regulation FD and Section 13(a) prohibitions against selectively disclosing material nonpublic information to certain persons -- securities analysts, broker-dealers, investment advisers and institutional investors -- before disclosing the same information to the public.
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: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: industrial equipment
Specific Industry of Current Parent: industrial 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.