Actions against Respondents, a high-tech glass company and its former CEO, for alleged fraud.  According to the SEC, Respondent company owed hundreds of millions of dollars to a customer for failing to meet product specifications.  The SEC alleges that Respondents misled investors about this debt and failed to report it as current, soon thereafter filing for bankruptcy.  Respondents have agreed to cease-and-desist orders, and Respondent CEO has agreed to pay disgorgement of $15,510, prejudgment interest of $2,993.91, and a civil penalty of $125,000.

SEC Order (GT Advanced Technologies, Inc.)

SEC Order (Gutierrez)

SEC Press Release