CDW Corp Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CDW Corporation on May 19, 2017. The report addresses the conclusion of a regulatory investigation regarding the Company's vendor partner program incentives.
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures. It states that the investigation did not have any impact on the Company's financial condition or results of operations, other than customary costs related to cooperation with the investigation.
Material Changes
There are no material financial changes reported. The primary event is the resolution of the SEC investigation initiated on October 29, 2015.
Outlook, Risks, and Management Commentary
On May 19, 2017, the SEC Staff informed CDW Corporation that the investigation has concluded and the SEC does not intend to recommend an enforcement action. Management notes that the only financial impact was customary costs associated with cooperating with the inquiry.
Key Facts for Investor Verification
- The SEC investigation into CDW's vendor partner program incentives has concluded without an enforcement action.
- The investigation resulted in no material impact on financial condition or operations beyond customary cooperation costs.
- The report was signed by Christine A. Leahy, Senior Vice President - International, Chief Legal Officer and Corporate Secretary.