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News Focus
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allezlOM

11/07/19 10:32 AM

#175647 RE: dragon52 #175645

...And when the Judge speaks...SEC listen.
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LOVE*PINK

11/07/19 2:05 PM

#175668 RE: dragon52 #175645

Total misrepresentation. The SEC sanctioned previous Auditor because of audits of Chinese companies. SEC then, under Sarbanes Oxley (the legislation developed after Enron re Arthur Anderson as Auditor), required all Audit clients had to reaudit after approved Auditor sanctioned.

Company had letter stating through no fault of company. Reaudit caused litigation because non/compliant when reaudit required.