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Violation Tracker Individual Record

Company: Magnum Hunter Resources Corporation
Current Parent Company: Blue Ridge Mountain Resources
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $250,000
Year: 2016
Date: March 10, 2016
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: The SEC settled charges against Texas-based oil company Magnum Hunter Resources Corporation and several individuals, including a company consultant, for deficient evaluation of the company's internal controls over financial reporting, and failures to maintain internal control over financial reporting between Dec. 31, 2011 and Sept. 30, 2013.
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: privately held
Major Industry of Current Parent: oil and gas
Specific Industry of Current Parent: oil & gas
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.