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Surgical Implant Company Sued by SEC

Published: December 19, 2022

The SEC sued the former CEO of RTI Surgical Holdings renamed Surgalign Holdings and instituted administrative and cease and desist proceedings. The Commission alleged SHI and its executives had engaged in disclosure fraud and engaged in material accounting fraud.

Source: natlawreview.com

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United StatesDistrict Of ColumbiaPaul MunterSurgical Holdings IncExchange CommissionRollins IncSecurities ExchangeSurgalign Holdings IncSurgalign HoldingsFederal CourtPest ControlManaging EarningsCooking ConsequencesCorporate ExecutivesOutside AuditorsAccounting FraudRegulations KSecurities Exchange ActManagement DiscussionStaff Accounting BulletinActing Chief AccountantMateriality FocusingReasonable Investor When Evaluating ErrorsAccounting Standards CodificationGenerally Accepted Accounting Principles