Audit Firm Prager Metis Settles SEC Charges for Negligence in …
WEB5 days ago · The Securities and Exchange Commission today announced that Prager Metis CPAs, LLC (Prager) and its California professional services firm, Prager Metis CPAs LLP, (collectively, the Prager Entities) agreed to pay $1.95 million to resolve two actions alleging misconduct in its audits of the now-defunct crypto asset trading platform, FTX, and auditor independence violations.
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle ...
WEB4 days ago · Prager Metis agreed to pay $1.2 million in civil penalties and pre-judgment interest to settle those charges. The settlement is subject to court approval. The SEC’s complaint accused the ...
Prager Metis to Resolve SEC Fraud Charges Over Bankman-Fried’s …
WEB4 days ago · Prager Metis has agreed to pay $745,000 to the Securities and Exchange Commission to resolve negligence-based fraud charges over its past audits of Sam Bankman-Fried ’s trading platform FTX. The ...
US SEC sues auditor Prager Metis over alleged independence …
WEBSep 29, 2023 · The U.S. Securities and Exchange Commission on Friday sued accounting firm Prager Metis for alleged auditor independence violations related to a template it used when signing on clients.
FTX auditor Prager Metis settles SEC negligence charge
WEB4 days ago · Prager Metis, a former auditor for now-defunct cryptocurrency trading platform FTX , has agreed to pay $1.95M to resolve charges brought by the U.S. Securities and Exchange Commission, including ...
SEC Charges International Accounting Firm Prager Metis with …
WEBSep 29, 2023 · The SEC’s complaint, filed in the U.S. District Court for the Southern District of Florida, charges Prager with violating the auditor independence provisions of the federal securities laws and aiding and abetting its clients’ violations of the federal securities laws.
Prager Metis agrees to pay $2M over failed audits, including FTX
WEB3 days ago · The firm agreed to pay nearly $2 million in penalties to settle two enforcement actions by the Securities and Exchange Commission (SEC) related to Prager Metis’ audit work for FTX. The SEC said the firm committed “negligence-based fraud” by falsely represented that its audits of FTX complied with generally accepted accounting standards ...
Prager Metis to pay $745K to settle SEC charges over
WEB4 days ago · Accounting firm Prager Metis has agreed to settle with US Securities and Exchange Commission charges of misconduct related to audits of the now-defunct crypto exchange FTX. According to a Sept. 17 ...
FTX Auditor’s $2 Million Fine Reveals Wider Compliance Issues
WEB2 days ago · Auditors being fined millions of dollars often makes headlines, but the reality is more nuanced—and possibly more concerning. Prager Metis, one of the audit firms involved with collapsed crypto trading firm FTX, reached a $1.95 million settlement this week to settle charges from the Securities and Exchange Commission over botched audits and separate conflict of interest violations.
SEC.gov | Prager Metis CPAs, LLC
WEBPrager Metis CPAs, LLC, No. 1:24-cv-07025 (S.D.N.Y. filed Sept. 17, 2024) Audit Firm Prager Metis Settles SEC Charges for Negligence in FTX Audits The Securities and Exchange Commission today announced that Prager Metis CPAs, LLC (Prager) agreed to pay $745,000 to resolve an action alleging misconduct in its audits of …
- Some results have been removed