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Violation Tracker Individual Record

Company: Fluor Corporation
Current Parent Company: Fluor
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $14,500,000
Year: 2023
Date: September 6, 2023
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: The Securities and Exchange Commission announced that Irving, Texas-based Fluor Corporation will pay $14.5 million to settle charges stemming from the company's improper accounting on two large-scale, fixed-price construction projects.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: construction and engineering
Specific Industry of Current Parent: construction & engineering
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.