Compliance Radar

Who was sanctioned, and for what?

Fines, court rulings and incidents from Europe and North America: 756 cases from 32 jurisdictions, each with an official source and checked against that source before publication. Filter by country, area of law and sector. Click a chart to drill down one level.

1case from 1 jurisdiction
€23.9mTotal of monetary amounts
€23.9mLargest single case: Hyzon Motors Inc.
€23.9mMedian per case with an amount

Click a bar to drill down one level.

When?

per quarter, by date of decision
Trend
PeriodCasesTotal
Q3 20231€23.9m
Q4 20230—
Q1 20240—
Q2 20240—
Q3 20240—
Q4 20240—
Q1 20250—
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1 case

26 Sep 2023 Hyzon Motors Inc.Hyzon Motors: fictitious vehicle sales after SPAC merger – 25 million USD USADisclosure and reporting obligations €23.9m

The manufacturer of hydrogen commercial vehicles misled investors about customer relationships and sales, reported 87 vehicles sold for 2021 when the actual number was zero, and showed a misleading video of a purportedly hydrogen-powered vehicle. Hyzon is paying 25 million USD, the former CEO 100,000 USD and a former managing director of the European subsidiary 200,000 USD.

What organisations can take from it

After a SPAC merger, the same duties of truthfulness apply as for any issuer – letters of intent must not be sold as revenue.

Authority / court
U.S. Securities and Exchange Commission (SEC)
Area of law
Capital markets and financial supervision · Disclosure and reporting obligations
Legal basis
Antifraud- und weitere Vorschriften der US-Wertpapiergesetze
Action
Fine
Status of proceedings
unknown
Sector
Automotive
Liability of senior managers
Craig M. Knight (former CEO): 100,000 USD, 5-year officer-and-director bar; Max C.B. Holthausen (former managing director of the European subsidiary): 200,000 USD, 10-year officer-and-director bar

Original amount 25,300,000 USD, converted at the ECB reference rate of 26 Sep 2023.

Checked against the official source on 25 Sep 2026 · Direct link

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