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SEC Charges Texas City Administrator With Embezzlement - Vimarsana News

SEC Charges Texas City Administrator With Embezzlement

U.S. Securities and Exchange Commission SEC complaint charged Holland with embezzling approximately $1.12 million from Johnson City, Texas over from 2015 to 2020, he created the Falsified Documents by changing dates on the City’s 2015 financial statements and audit report.

SEC Charges Two Municipalities With Bond Fraud - Vimarsana News

SEC Charges Two Municipalities With Bond Fraud

U.S. Securities and Exchange Commission charged the town of Sterlington, Louisiana, its former mayor, with misleading investors in the sale of $5.8 million of municipal revenue bonds in 2017 and 2018 and the City Of Rochester for misleading investors in a bond offering

SEC Sues New Rochelle College's Independent Auditors at KPMG LLP - Vimarsana News

SEC Sues New Rochelle College's Independent Auditors at KPMG LLP

Tuesday, March 2, 2021 As I reported in my September 22, 2020, blog post, “SEC Focus on Municipal Securities: Disclosure and Enforcement – The Peculiar Structure of the Municipal Securities Disclosure Regime,” in March 2019, the U.S. Securities and Exchange Commission (“SEC”) filed a civil lawsuit against the former controller of the College of New Rochelle, a non-profit college in Westchester County, just north of New York City. The college had gotten in financial trouble due to declining enrollment and a falling collection of pledged donations. Beginning in 2013 the c...