The SEC says the Chinese retailer fabricated more than $300 million in coupon sales to present a false picture of rapid growth to investors.
The alleged multi-year fraud falsely inflated the company’s revenue and concealed the theft of millions of dollars.
Former CFO Michael Schneider and two colleagues allegedly engaged in schemes that resulted in the crane maker’s revenue and profit being overstated.
The SEC says the carpet maker adjusted its accounting when its forecasts indicated it would likely fall far short of analysts' earnings estimates.
The removal of Charles Zhengyao Lu comes weeks after an earlier attempt failed to get enough votes.
The SEC says former CFO William Aisenberg and two colleagues improperly recognized revenue to inflate the work glove maker's revenue by as much as 24%.
The C-suite executives allegedly improperly recognized revenue from distributors with which MiMedx had secret side arrangements.
The data analytics giant's former CEO allegedly improperly recognized revenue from non-monetary transactions to beat Wall Street estimates.
Venkata Meenavalli, who was previously accused of illegal stock distribution, is now also facing charges that he falsified nearly 90% of Longfin's revenue.
Keith Borge of the College of New Rochelle agreed to a partial settlement over allegations he misstated assets.
The SEC says Agria Corp. hid from investors a $17.5 million loss from the sale of its primary operating entity in China.
The SEC takes the position that public companies must assess and calibrate internal accounting controls for the risk of cyber frauds.
