SEC v. Honeywell International Inc. (foreign bribery, 2022)

Status unknown

Checked against the primary document on October 2, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

Report an error in this record (sec-honeywell-international-inc-corrected-2022) by email

In December 2022, the SEC settled corrected findings against Honeywell International Inc. over bribery in Brazil and Algeria, ordering about US$64.7 million in disgorgement and US$16.5 million in prejudgment interest.

The record

Structured fields for this action, as recorded in our case library.
Agency	SEC
Release number	3-21255
Date filed	2022-12-19
Status	unknown
Asset class	equities
Venue	NYSE, Nasdaq
Criminal parallel	Yes: criminal case referred to, outcome not stated in the document (UOP, a Honeywell subsidiary (three-year deferred prosecution agreement with the Department of Justice on the Brazil conduct))
Defendants	Honeywell International Inc. (entity)
Techniques

What was ordered

Civil penalty: —
Disgorgement: $64.7m
Prejudgment interest: $16.5m
Total relief: $81.2m
Alleged gain: $3.1m

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

The Securities and Exchange Commission announced this matter on December 19, 2022 as release 3-21255. The respondents named are Honeywell International Inc. (0 individuals, 1 entity).

The order finds that Honeywell subsidiaries paid agents, including through a "fictitious" consulting agreement with a Monaco-based agent, to win business with Brazilian and Algerian state-owned companies, in violation of the Foreign Corrupt Practices Act. The word "fictitious" describes the sham consultancy, not any trade.

This library applies no technique tag to the matter. The conduct is foreign bribery. It has nothing to do with wash trading.

Disgorgement of $61,554,213 (Brazil) and $3,118,350 (Algeria), about $64.7 million in total, with prejudgment interest. No civil penalty was imposed because of a criminal fine in a parallel Department of Justice resolution.

Honeywell consented to the order.

Timeline

2022-12-19 Administrative proceeding instituted (cease-and-desist)

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

SEC order

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Record added September 10, 2026. submit a correction.