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Corporate Governance News

News on Corporate Governance continually updated from thousands of sources around the net.

Tuesday Aug 12 | JD Supra

SEC Charges CEO and Former CFO With Violation of Sarbanes-Oxley

On July 30, the Securities and Exchange Commission charged computer equipment company QSGI Inc's CEO, Marc Sherman, and former CFO, Edward L. Cummings, for misrepresenting to external auditors and the investing public the state of QSGI's internal controls over financial reporting in violation of the Sarbanes-Oxley Act of 2002 .

Comment?

Related Topix: Corporate Governance, Law, Securities and Exchange Commission, Corporate / Securities Law

Tue Aug 05, 2014

JD Supra

SEC Charges Corporate Officers with Fraud Arising from Failure to...

On July 30, 2014, the Securities and Exchange Commission advanced a novel theory of fraud against the former CEO and CFO of Quality Services Group, Inc. , a Florida-based computer equipment company that filed for bankruptcy in 2009.

Comment?

Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Economics News, Bankruptcy, Corporate Governance

Thu Jul 31, 2014

WebCPA

Qsgi Ceo and Former Cfo Charged with Hiding Internal Control Deficiencies

The Securities and Exchange Commission announced charges against the CEO and former CFO of a Florida-based computer equipment company for misrepresenting to external auditors and the investing public the state of its internal controls over financial reporting.

Comment?

Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Corporate Governance, SourceMedia

Wed Jul 30, 2014

Business Journal

SEC charges South Florida penny stock CEO, former CFO with false financial reporting

The Securities and Exchange Commission filed a civil action against the CEO and former CFO of a West Palm Beach-based company alleging that they submitted false financial reports.

Comment?

Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Corporate Governance, QSGI, West Palm Beach, FL

Hispanic Business

Stonegate Mortgage Appoints Jennifer Pressley Vice President of Internal Audit

In this role, she will be responsible for risk management and control framework enhancements to all channels and departments.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Corporate Governance, Law

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