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‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInSEC Charges Former Company Executive with Fraud for False Disclosures About Management
The SEC alleges that Tom Simeo, a resident of New York City, New York, created the false impression to the public that Viking had an experienced financial professional involved in its operations and financial reporting as its CFO, when in reality, the Company had no CFO. According to the complaint, between November 2014 and May […]
Is Not Telling the ‘Whole Truth’ Securities Fraud? –
Does complying with company disclosure procedures and consulting with legal counsel protect public-company CFOs from liability arising from statements made in press releases and during investor conferences? Based on a recent federal court jury verdict against David Johnston, the former CFO of Aveo Pharmaceuticals, the answer appears to be: It depends. via Is Not Telling […]
SEC Charges Company and Founder With False Disclosures on Existence of CFO – Compliance Week
The SEC announced fraud charges today against L&L Energy Inc., which operates out of China and Taiwan, and its founder for making numerous false disclosures, including a misrepresentation that the company had a CFO at all. via SEC Charges Company and Founder With False Disclosures on Existence of CFO – Compliance Week
Jan. 28 Webcast: CFO Liability — the Toughest Job in Corporate America
Please join John J. Carney, Mark Gerber and Craig Carpenito for this free webcast.
Zurich Investigating Whether ‘Undue Pressure’ on CFO Led to Suicide – Compliance Week
Following the suicide of its CFO, Zurich Insurance’s board of directors has opened an investigation into “whether there was undue pressure placed on our CFO.” The CFO’s suicide note blamed the company’s former chairman for creating an unbearable, pressure-packed working environment. via Zurich Investigating Whether ‘Undue Pressure’ on CFO Led to Suicide – Compliance Week