December 05, 2017 BY Valentina Kirilova
SEC charges audit firm with fraud relating to auditing of penny stock companies
A California-based audit firm is being charged with conducting flawed audits and reviews of financial statements, which are critical sources of information for investors, SEC announced earlier today. The SEC’s Enforcement Division alleges that Anton & Chia LLP and its accountants ignored numerous indications of fraudulent financial reporting by three of the firm’s audit clients…
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