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Violation Tracker Individual Record

Company: 
BioChemics Inc.
Penalty: 
$17,897,887
Year: 
2015
Date: 
March 25, 2015
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

The SEC announced that the United States District Court for the District of Massachusetts entered a judgment against BioChemics, Inc., a biopharmaceutical company based in Danvers, Massachusetts, in a Commission enforcement action filed in December 2012. Among other things, the judgment ordered BioChemics to pay a total of over $17 million.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
Source of Data: 

https://www.sec.gov/litigation/litreleases/2015/lr23220.htm (archived copy)

Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.