Violation Tracker Individual Record

Company: 
Fenway Partners LLC
Penalty: 
$8,716,471
Year: 
2015
Date: 
November 3, 2015
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

A New York-based private equity firm and four executives agreed to settle charges that they failed to disclose conflicts of interest to a fund client and investors when fund and portfolio company assets were used for payments to former firm employees and an affiliated entity.

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.