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Violation Tracker Individual Record

Company: Penn West Petroleum Ltd.
Penalty: $8,500,000
Year: 2017
Date: November 20, 2017
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: A Canadian-based oil and gas company agreed to pay $8.5 million in civil penalties to settle charges brought by the Securities and Exchange Commission in June 2017 arising from an extensive, multi-year accounting fraud.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
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.