# OFAC settlement: Philips Electronics of North America Corporation
> Settled **$129K** for sanctions violations · 2009-06-30 · FY2009
## Settlement
- **Party:** Philips Electronics of North America Corporation
- **Date:** 2009-06-30
- **Aggregate penalty:** $129K
- **Number of penalties:** 1
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*Source: [OFAC 2009 Enforcement Information](https://ofac.treasury.gov/civil-penalties-and-enforcement-information/2009-enforcement-information) · MORVS · CC0 1.0*