SEC: Former CEOs Lied To Investors, Faked Documents Before Mass Furlough

(November 17, 2023, 10:39 AM EST) -- FRESNO, Calif. — The former co-CEOs of a now-bankrupt software company and its parent falsified documents and made misleading statements to investors about the financial prospects while raising nearly $70 million, the Securities and Exchange Commission says in a complaint filed in the U.S. District Court for the Eastern District of California....

Attached Documents

Related Sections