Reasonable Investor When Evaluating Errors News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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.

SEC Acting Chief Accountant Paul Munter released a statement last week, Assessing Materiality: Focusing on the Reasonable Investor When Evaluating Errors (the “Statement”), that is sure...