SEC Investigation definition

SEC Investigation means the formal private investigation by the SEC of accounting irregularities experienced by Data Systems Network Corporation ("DSN") in DSN's 1996 and 1997 fiscal years, and of which DSN was informed by the SEC on October 29, 1998.

SEC Investigation means the investigation pending prior to the Closing Date by the SEC and the U.S. Attorney’s Office regarding the Borrower’s prior financial reporting, misapplication of U.S. GAAP, revenue recognition practices and related conduct, and accounting errors, which resulted in the Borrower restating its 2014, 2015 and first fiscal quarter 2016 consolidated financial statements, and all incidental investigatory matters with respect thereto.

SEC Investigation means the investigation by the United States Securities and Exchange Commission pending on and prior to February 28, 2014, which, Borrower believes focuses on Borrower’s financial accounting, reporting and controls and other matters arising from or relating to the Restatement-Related Events.

Examples of SEC Investigation in a sentence

• In December 2003, CA’s internal investigation was expanded to include an inquiry into whether any of CA’s officers and employees obstructed or failed to cooperate with the Grand Jury Investigation and the SEC Investigation.

• There are no judgments or other judicial or administrative orders outstanding against the Seller nor is there any pending or, to the Seller’s knowledge, threatened action or proceeding affecting the Seller before any court, governmental agency or arbitrator, other than the SEC Investigation and the class action litigation and similar actions disclosed by, and contemplated in, Imperial’s Quarterly Report on Form 10-Q for the three and nine month periods ended September 30, 2011.

• The execution, delivery and performance by the Seller of this Agreement and each of the other Transaction Documents to which it is a party do not contravene any law, rule, regulation, order, decree or contractual restriction binding on, or affecting, the Seller with respect to the SEC Investigation.

• On July 26, 2000, the Company reached an agreement in principle with the staff of the SEC to resolve matters arising with respect to the SEC Investigation commenced in April 1998.

• During the Consulting Period, the Consultant shall report to the EVP-HR and the CLO, as applicable; provided, however, that, under no circumstances shall the EVP-HR or the CLO provide the Consultant with any instructions or suggestions relating to the SEC Investigation (as defined in the Separation Agreement) or any of the issues raised in connection therewith.

More Definitions of SEC Investigation

SEC Investigation means the investigation of Imperial by the U.S. Securities and Exchange Commission and more particularly described in the Form 8-K filing made with the U.S. Securities and Exchange Commission under Commission File No. 001-35064 on February 21, 2012. [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

SEC Investigation means any investigations, inquiries or requests by the SEC in connection with (i) the Company's accounting, business or other practices, (ii) the Bankruptcy Case, or (iii) the transactions contemplated by this Agreement or the other Transaction Documents.

SEC Investigation means the investigation by the Securities and Exchange Commission into the circumstances giving rise to the Borrower's restatement of its audited financial statements for its Fiscal Years 1998 and 1999 and its unaudited financial statements and information released prior to April 30, 2001, for its Fiscal Year 2000, and all related governmental investigations and regulatory actions and proceedings.

SEC Investigation means that certain pending formal investigation by the United States Securities and Exchange Commission in connection with the restatement by USA of its fiscal 1996 financial statements.

SEC Investigation has the meaning set forth in the recitals to this Agreement.

SEC Investigation means the matters relating to or arising under the investigation commenced by the SEC which investigation was publicly disclosed by CellStar in its Quarterly Report on Form 10-Q filed on April 10, 2006.

SEC Investigation means the formal investigation of Borrower commenced in June, 2002 by the Division of Enforcement of the Securities and Exchange Commission relating to Borrower’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2001.