Violation Tracker Individual Record

Company: 
Kohlberg Kravis Roberts & Co.
Current Parent Company: 
KKR & Co.
Penalty: 
$30,000,000
Year: 
2015
Date: 
June 29, 2015
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

The Securities and Exchange Commissio charged Kohlberg Kravis Roberts & Co. with misallocating more than $17 million in so-called "broken deal" expenses to its flagship private equity funds in breach of its fiduciary duty.

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 York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
private equity (including portfolio companies)
Specific Industry of Parent: 
private equity (including portfolio companies)
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.