The SEC took the unusual step of citing the inadequacy of the books and records of the firm for “adversely impacting” its investigation and “causing unreasonably prolonged uncertainty concerning” the company’s historic accounting. The company was a major Florida real …

SEC Cites Firm’s Inadequate Books For Delaying Investigation Read More »

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The SEC filed another action centered on a restatement resulting from improper accounting and internal controls. In this instance the firm lacked procedures for dealing with related party transactions despite contrary disclosures and failed to properly value its most significant …

SEC Files Settled Action Tied To Restatement Read More »

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