Violation Tracker Individual Record
Date:November 15, 2012
Offense Group:financial offenses
Primary Offense:investor protection violation
BP p.l.c. agreed to pay $525 million to resolve allegations that it misled investors while its Deepwater Horizon oil rig was gushing into the Gulf of Mexico by significantly understating the flow rate in multiple reports filed with the SEC.
Level of Government:federal
Action Type:agency action
Agency:Securities and Exchange Commission
Civil or Criminal Case:civil
HQ Country of Parent:United Kingdom
Ownership Structure of Parent:publicly traded
Major Industry of Parent:oil and gas
Specific Industry of Parent:oil & gas
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