Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: W.P. Carey & Co.
Current Parent CompanyW.P. Carey Inc.
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $30,000,000
Year: 2008
Date: March 18, 2008
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: W.P. Carey & Co., a manager of real estate investment trusts (REITs), agreed to pay $20 million to settle allegations of paying undisclosed compensation to a brokerage firm that sold the REITs to investors.
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: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: real estate
Specific Industry of Current Parent: real estate
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.