Violation Tracker Individual Record
Company:
General Electric Company
Current Parent Company:
General Electric
Penalty:
$50,000,000
Year:
2009
Date:
August 4, 2009
Primary Offense:
accounting fraud or deficiencies
Violation Description:
General Electric Company agreed to pay $50 million to settle allegations that it misled investors by reporting materially false and misleading results in its financial statements.
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:
Massachusetts
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
diversified
Specific Industry of Parent:
diversified
Source of Data:
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.
