SEC
Whistleblower
Attorneys

September 21, 2018

Heartland Payment Systems, LLC, Robert O. Carr

Financial Fraud

SANCTION AMOUNT: $2280000

Defendants: Heartland Payment Systems, LLC
Robert O. Carr

Respondents, a card payment processingservices provider for merchants and its former CEO, agreed to settle the Commission's charges that they misled investors by overstating the significance of an operating metric, "New Margin Installed," as a meaningful indicator of future revenue growth.

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