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Violation Tracker Individual Record

Company: United Rentals, Inc
Current Parent Company: United Rentals
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $14,000,000
Year: 2008
Date: September 8, 2008
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: United Rentals, Inc. agreed to pay $14 million to settle allegations of engaging in fraudulent transactions to meet company earnings forecasts and analyst expectations as well as other improper accounting practices.
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: Connecticut
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: equipment rentals
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.