Logitech

On April 19, 2016, the Commission instituted and simultaneously settled cease-and-desist proceedings (the "Order") against Logitech International, S.A. ("Logitech"), Michael Doktorczyk, and Sherralyn Bolles, CPA (collectively, the "Respondents"). In the Order, the Commission found that, from 2009 to 2014, Logitech violated the federal securities laws with recurring instances of improper accounting in three separate areas: (1) Logitech's fraudulent accounting for the write-down of a failed product in its fiscal year 2011 ("FY11") financial statements; (2) the Respondents' improper accounting for Logitech's warranty liabilities in the FY12 and FY13 financial statements and failure to correct, in the FY13 financial statements, a known error in not amortizing intangibles from a prior acquisition; and (3) books and records, reporting, and control violations by Logitech pertaining to its revenue recognition in its Americas region in FY09. The Commission ordered the Respondents to pay a total of $7,575,000.00 in civil money penalties to the Commission, to be held pending a decision whether the Commission, in its discretion, will seek to distribute the funds, pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002, as amended or transfer the funds to the U.S. Treasury. See the Commission's Order: Release No. 34-77644.

In related proceedings, on April 18, 2016, the Commission filed a complaint in the U.S. District Court for the Northern District of California, charged Erik Bardman ("Bardman") and Jennifer Wolf ("Wolf"), the former Logitech chief operating officer and acting controller, respectively, with fraud and other violations. The Commission alleges in the Complaint that Bardman and Wolf fraudulently inflated Logitech's FY11 financial results by $30.7 million, or over 27%, in order to meet earnings guidance. This litigation is still pending. See Complaint.

LEGAL A complaint filed in a California District Court has accused peripheral maker Logitech of withholding tariff refunds from customers, and asked for the proceeds from its activities to be returned to punters.

Keyboard and box produced by Logitech, a computer products company. A lawsuit was filed against the company on Tuesday, Aug. 18, 2026 in the U.S. District Court for the Northern District of California, San Jose Division. The lawsuit accuses Logitech of withholding tariff refunds from consumers who paid raised prices. (Alise Maripuu/Bay City News)

Standout achievement in 2025: Returned Logitech to profitable growth with strong sales performance across its AI‑driven product portfolio and developed a sustainability program cutting a meaningful percentage of emissions annually.

Lenovo confirmed that some of the suppliers identified by TBIJ ship products to the company, but said that independent audits had not found any use of forced labour. Logitech said it is investigating the allegations and would “re-evaluate any vendor relationship that is in breach”. Kingboard Holdings’ subsidiaries and G. Tech didn’t respond to requests for comment.

Ranks More info 2,069 of 9,200 in 2024

<table id="DataTables_Table_0"> <thead> <tr><th rowspan="1" colspan="1">Cycle</th><th rowspan="1" colspan="1">Total</th><th rowspan="1" colspan="1">Democrats</th><th rowspan="1" colspan="1">% to Dems</th><th rowspan="1" colspan="1">Republicans</th><th rowspan="1" colspan="1">% to Repubs</th></tr> </thead> <tbody> <tr> <td>2024</td> <td>$26,042</td> <td>$24,100</td> <td>95.52%</td> <td>$1,131</td> <td>4.48%</td> </tr><tr> <td>2022</td> <td>$7,686</td> <td>$4,421</td> <td>100.00%</td> <td>$0</td> <td>0.00%</td> </tr><tr> <td>2020</td> <td>$108,992</td> <td>$60,140</td> <td>56.31%</td> <td>$46,670</td> <td>43.69%</td> </tr><tr> <td>2018</td> <td>$6,031</td> <td>$5,901</td> <td>98.33%</td> <td>$100</td> <td>1.67%</td> </tr><tr> <td>2016</td> <td>$1,570</td> <td>$1,570</td> <td>100.00%</td> <td>$0</td> <td>0.00%</td> </tr><tr> <td>2014</td> <td>$4,900</td> <td>$250</td> <td>5.10%</td> <td>$4,650</td> <td>94.90%</td> </tr><tr> <td>2012</td> <td>$10,732</td> <td>$8,681</td> <td>82.82%</td> <td>$1,801</td> <td>17.18%</td> </tr><tr> <td>2010</td> <td>$200</td> <td>$200</td> <td>100.00%</td> <td>$0</td> <td>0.00%</td> </tr></tbody> </table>

Logitech International announced it will halt operations on Sept. 1, after suspending shipments in March. The company manufactures keyboards, mice, speakers, webcams, and other computer equipment.

$160,000