Violation Tracker Individual Record

Company: 
ChinaMedia Express Holdings
Penalty: 
$41,144,082
Year: 
2013
Date: 
October 4, 2013
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
accounting fraud or deficiencies
Violation Description: 

The SEC announced that the United States District Court for the District of Columbia entered a final judgment by default against China MediaExpress Holdings, Inc.. The final judgment permanently enjoined China Media from future violations of various provisions of the federal securities laws and held the company liable for total combined disgorgement and prejudgment interest of $41,894.082.05 and a civil monetary penalty in the amount of $7,250,000.

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