Violation Tracker Individual Record
Date:January 9, 2014
Offense Group:financial offenses
Primary Offense:accounting fraud or deficiencies
Snack foods company Diamond Foods agreed to pay $5 million to settle allegations that it engaged in an accounting scheme to falsify walnut costs in order to boost earnings and meet estimates by stock analysts.
Level of Government:federal
Action Type:agency action
Agency:Securities and Exchange Commission
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:New Jersey
Ownership Structure of Parent:publicly traded
Major Industry of Parent:food products
Specific Industry of Parent:food products
Source of Data:
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.