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Violation Tracker Individual Record

Company: Scientific-Atlanta, Inc.
Current Parent CompanyCisco Systems
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $20,000,000
Year: 2006
Date: June 22, 2006
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: Scientific-Atlanta, Inc. agreed to pay $20 million to settle allegations of aiding and abetting Adelphia Communications Corporation's violations of the reporting, books and records, and internal controls provisions of the federal securities laws.
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: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic equipment
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.