Violation Tracker Individual Record
Date:July 2, 2003
Offense Group:financial offenses
Primary Offense:accounting fraud or deficiencies
Because of the company's bankruptcy filing, the SEC announced that it would modify its settlement with WorldCom Inc. so that a payment of $500 million would be acceptable in place of the previous settlement amount of $1,510,000,000.
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:telecommunications
Specific Industry of Parent:telecommunications
Source of Data:
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