Brief: Gentex Corp Says On Feb 7, 2023, SEC Announced It Accepted Offer Of Settlement Submitted By Co, Its Current CFO Kevin Nash

Gentex

07/02/2023 21:53

Feb 7 (Reuters) - Gentex Corp  GNTX.O :
    * GENTEX CORP - ON FEBRUARY 7, 2023, SEC ANNOUNCED IT 
ACCEPTED
OFFER OF SETTLEMENT SUBMITTED BY CO AND ITS CURRENT CFO KEVIN
NASH
    * GENTEX - CO AGREED TO PAY A CIVIL MONETARY PENALTY OF $4.0
MILLION, WHICH WAS FULLY ACCRUED BY THE COMPANY IN THE SECOND
AND THIRD QUARTERS OF 2022
    * GENTEX - NASH HAS AGREED TO PAY A CIVIL MONETARY PENALTY
OF
$75,000.
    * GENTEX - COMPANY AND NASH HAVE CONSENTED TO THE ENTRY OF
AN
ADMINISTRATIVE CIVIL CEASE-AND-DESIST ORDER BY THE SEC

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 ((Reuters.Briefs@thomsonreuters.com;))