ADMINISTRATIVE PROCEEDING
File No. 3-21470

May 26, 2023 - The Securities and Exchange Commission today announced settled charges against Gartner, Inc., a technological research and consulting company headquartered in Stamford, Connecticut, for violating the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act.

According to the SEC's order, from approximately December 2014 through August 2015, Gartner entered into a corrupt arrangement with a private South African company with close ties to South African government officials, knowing or consciously disregarding that all or part of the money paid to the private company would be used to bribe government officials to influence the award of consulting contracts to Gartner. The Order further found that Gartner failed to make and keep accurate books and records regarding payments made to third parties in connection with the scheme and lacked sufficient internal accounting controls surrounding the retention and payment of third parties interacting with public sector clients on its behalf.

The SEC's order finds that Gartner violated Sections 30A, 13(b)(2)(A), and 13(b)(2)(B) of the Securities Exchange Act of 1934. Without admitting or denying the SEC's findings, Gartner has agreed to a cease-and-desist order and to pay disgorgement and prejudgment interest totaling $856,764 and a $1,600,000 civil penalty.

The SEC's investigation was conducted by Lesley Atkins, Sonia Torrico, and M. Shahriar Masud.