CA NYSE DEFUNCT 2009
Nortel Networks Corporation
Canadian telecom manufacturer that manufactured cookie-jar reserves and released them to trigger executive bonus thresholds.
CORPORATE IDENTIFIERS & DOSSIER
- Entity Name: Nortel Networks Corporation
- Country of Domicile: CA
- Listing & Ticker: NYSE (NT).
- CIK / LEI Identifier: 0001119664.
- Industry Classification: SIC 3661.
- Enforcement Episodes: 1 primary case dossier(s) in this library.
PRIMARY ENFORCEMENT CASES INVOLVING NORTEL NETWORKS CORPORATION
1 CASE DOSSIERS| Case Title | Status | Primary Scheme | Overstatement | Total Penalties | Action Date |
|---|---|---|---|---|---|
| Nortel Networks: Cookie-Jar Reserve Manipulation for Executive Bonuses | Settled, neither admitted nor denied | cookie jar reserves | $3.2B | $35.0M | September 20, 2006 |