Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Settlement of SEC disclosure charges
RPM and Moore agreed to pay more than $2 million to settle the SEC charges without admitting or denying the allegations.
2016
SEC antifraud charges
The SEC charged RPM and general counsel Edward W. Moore, alleging failures to disclose material facts concerning the Department of Justice investigation into the GSA issue to senior management, the audit committee, and independent auditors. RPM said it believed the allegations were without merit.
2014
SEC investigation and quarterly restatements
The SEC investigated RPM's timing of disclosure and loss-reserve accruals related to the GSA matter. RPM subsequently restated its results for the first three quarters of fiscal 2013; the cited material states that the restatements did not affect audited fiscal-year results.
2013
General Services Administration roofing-contract claims
RPM paid $61 million to settle claims by the U.S. General Services Administration that a subsidiary had overcharged the U.S. government on roofing contracts.