Violation Tracker Individual Record

Company: 
L3 Technologies Inc.
Current Parent Company: 
L3Harris Technologies
Penalty: 
$1,600,000
Year: 
2017
Date: 
January 11, 2017
Primary Offense: 
accounting fraud or deficiencies
Violation Description: 

L3 Technologies Inc. (formerly known as L-3 Communications Holdings Inc.), a contractor for U.S. and various foreign government agencies, agreed to pay a $1.6 million penalty to settle allegations that it failed to maintain accurate books and records and had inadequate internal accounting controls.

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: 
Florida
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
aerospace and military contracting
Specific Industry of Parent: 
aerospace & military contracting
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.