June 7, 2022
Posted June 7, 2022
Synchronoss Technologies, Inc. and seven senior employees were charged with accounting improprieties running from 2013 to 2017, including improperly accounting for numerous transactions, filing with the SEC materially misleading financial statements, and having material weaknesses in its internal financial reporting controls. Synchronoss will pay a civil penalty of $12.5 million. SEC
Tagged in: Accounting Fraud, Securities Fraud,