Public Company Accounting Oversight Board

ROSEN, A RESPECTED AND LEADING FIRM, Encourages World Wrestling Entertainment, Inc. Investors with Losses to Inquire About Securities Class Action Investigation – WWE

Retrieved on: 
Wednesday, March 1, 2023
Hush, Titan, NYSE, WWE, Retirement, The Wall Street Journal, I-Space (Chinese company), Female, 8-K, News, McMahon, Public Company Accounting Oversight Board, Bank statement, Advertising, Cryptocurrency

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7052 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Cornerstone Research Report: PCAOB Enforcement Activity Up Sharply in 2022, with Highest Monetary Penalties Imposed in the Board's History

Retrieved on: 
Wednesday, February 22, 2023
Cornerstone Research, Head, Quality control, Public Company Accounting Oversight Board, Cornerstone, Audit, Cryptocurrency, Accounting, PCAOB

LOS ANGELES, Feb. 22, 2023 /PRNewswire-PRWeb/ -- The Public Company Accounting Oversight Board (PCAOB) increased its enforcement activity sharply in 2022, disclosing the most enforcement actions in five years, and handing down the highest monetary penalties since its establishment in 2002, according to a new report released today by Cornerstone Research.

Key Points: 
  • Monetary penalties in 2022 totaled close to $10.5 million, almost ten times more than in the previous year, with $8.8 million tied to Q4 actions.
  • "The non-U.S. actions involved 19 auditors and audit firms in seven countries outside the U.S."
    For the first time in PCAOB history, enforcement activity in 2022 involved more non-U.S. respondents than U.S. respondents.
  • Monetary penalties were imposed on all firm respondents and all but two individual respondents.
  • EDITOR'S NOTE: The PCAOB data contained in this report have traditionally been reported as part of Cornerstone Research's Accounting and Auditing Enforcement Activity.

TOP RANKED ROSEN LAW FIRM Encourages World Wrestling Entertainment, Inc. Investors to Inquire About Securities Class Action Investigation – WWE

Retrieved on: 
Saturday, February 18, 2023
Hush, Titan, WWE, Bank statement, The Wall Street Journal, Retirement, NYSE, News, I-Space (Chinese company), Female, McMahon, Public Company Accounting Oversight Board, 8-K, Advertising, Cryptocurrency

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Inxeption adds former Yahoo! chief financial officer to board of directors

Retrieved on: 
Wednesday, February 15, 2023
Cornell University, Goldman, GoPro, VLSI Technology, Transport, NXP Semiconductors, Finance, Cypress Semiconductor, Siebel, TriNet, Public Company Accounting Oversight Board, Congress, Fortinet, Yahoo!, Amazon, Growth, Financial Accounting Standards Board, Audit, Management, Ministry of Industry, Commerce and Supplies (Nepal)

CUPERTINO, Calif., Feb. 15, 2023 /PRNewswire-PRWeb/ -- Inxeption, the leader in Industrial Commerce, has welcomed former Yahoo! Chief Financial Officer Ken Goldman to its board of directors as chair of the audit committee.

Key Points: 
  • Chief Financial Officer Ken Goldman to its board of directors as chair of the audit committee.
  • While at Yahoo!, Goldman oversaw financial analysis and planning, investor relations and other functions.
  • "By welcoming Ken to the board of directors, we are adding a wealth of investment and financial experience to Inxeption.
  • He has also served on key groups for the Public Company Accounting Oversight Board, a nonprofit established by Congress, and the Financial Accounting Standards Board.

Hyzon Motors Announces Receipt of Nasdaq Listing Determination; Company to Request Hearing and Further Stay

Retrieved on: 
Thursday, February 9, 2023
Bank statement, Auditing Standards Board, Magazine, Public Company Accounting Oversight Board, Audit committee, Security (finance), Form 10-K, Committee, KPMG LLP, Annual report, KPMG, Quarter, Hearing, United States Congressional Joint Special Committee on Conditions of Indian Tribes, Hyzon Motors, The Company, Cryptocurrency, Accounting, Audit

By February 10, 2023, the Company plans to appeal the Staff Determination and request a hearing before the Nasdaq Hearings Panel (the "Hearings Panel").

Key Points: 
  • By February 10, 2023, the Company plans to appeal the Staff Determination and request a hearing before the Nasdaq Hearings Panel (the "Hearings Panel").
  • Under Nasdaq Listing Rules, a request for a hearing regarding a delinquent filing automatically stays the delisting process of the Company's securities for a period of 15 days from the date of the request.
  • However, the Company intends to request a stay of the suspension of its securities pending the hearing which, according to the Staff Determination, is typically scheduled to occur approximately 30-45 days after the date of the hearing request.
  • The Company intends to restate and reissue the consolidated financial statements relating to the Non-Reliance Period as soon as practicable.

Hyzon Motors Announces Receipt of Nasdaq Listing Determination; Company to Request Hearing and Further Stay

Retrieved on: 
Thursday, February 9, 2023
Bank statement, Auditing Standards Board, Magazine, Public Company Accounting Oversight Board, Audit committee, Security (finance), Form 10-K, Committee, KPMG LLP, Annual report, KPMG, Quarter, Hearing, United States Congressional Joint Special Committee on Conditions of Indian Tribes, Hyzon Motors, The Company, Cryptocurrency, Accounting, Audit

By February 10, 2023, the Company plans to appeal the Staff Determination and request a hearing before the Nasdaq Hearings Panel (the "Hearings Panel").

Key Points: 
  • By February 10, 2023, the Company plans to appeal the Staff Determination and request a hearing before the Nasdaq Hearings Panel (the "Hearings Panel").
  • Under Nasdaq Listing Rules, a request for a hearing regarding a delinquent filing automatically stays the delisting process of the Company's securities for a period of 15 days from the date of the request.
  • However, the Company intends to request a stay of the suspension of its securities pending the hearing which, according to the Staff Determination, is typically scheduled to occur approximately 30-45 days after the date of the hearing request.
  • The Company intends to restate and reissue the consolidated financial statements relating to the Non-Reliance Period as soon as practicable.

Resistant AI Achieves SOC 2 Type 1 Certification Demonstrating Dedication to Security

Retrieved on: 
Tuesday, February 7, 2023
SSF, SOC 2, LLP, Resistance, Fraud, System and Organization Controls, CPA, Privacy, Public Company Accounting Oversight Board, AICPA, SOC, Medical device

PRAGUE, Feb. 7, 2023 /PRNewswire-PRWeb/ -- Resistant AI, the fraud and financial crime prevention services provider dedicated to protecting and safeguarding automated financial services systems, today announced that it has received a clean System and Organization Controls (SOC) 2 Type 1 attestation report. This rigorous, independent assessment of its internal security controls serves as validation of Resistant AI's dedication and adherence to the highest standards for security.

Key Points: 
  • This rigorous, independent assessment of its internal security controls serves as validation of Resistant AI's dedication and adherence to the highest standards for security.
  • PRAGUE, Feb. 7, 2023 /PRNewswire-PRWeb/ -- Resistant AI , the fraud and financial crime prevention services provider dedicated to protecting and safeguarding automated financial services systems, today announced that it has received a clean System and Organization Controls (SOC) 2 Type 1 attestation report.
  • This rigorous, independent assessment of its internal security controls serves as validation of Resistant AI's dedication and adherence to the highest standards for security.
  • Resistant AI views security as the foundation upon which its products are built and upon which trust with customers is earned and maintained.

Emeren Announces Appointment of Marcum Asia as Auditor

Retrieved on: 
Wednesday, February 1, 2023
Bank statement, LLP, Public Company Accounting Oversight Board, NYSE, Audit committee, PCAOB, Accountant, Accounting

Marcum Asia replaces Grant Thornton Zhitong Certified Public Accountants LLP ("Grant Thornton"), the Company's former independent auditor.

Key Points: 
  • Marcum Asia replaces Grant Thornton Zhitong Certified Public Accountants LLP ("Grant Thornton"), the Company's former independent auditor.
  • After careful consideration and evaluation, the Company appointed Marcum Asia and the decision was ratified by the Company's Board of Directors and the Audit Committee.
  • Marcum Asia is an independent public accounting firm headquartered in New York and subject to inspection by the Public Accounting Oversight Board (PCAOB).
  • The Company has started to work with both Grant Thornton and Marcum Asia to ensure a smooth transition.

AGS Appoints Industry Veteran and Lead Independent Director Adam Chibib as Chairman of the Board

Retrieved on: 
Friday, January 27, 2023
Petroleum Board, Public Company Accounting Oversight Board, AGS, NYSE, Lead, Management

LAS VEGAS, Jan. 27, 2023 /PRNewswire/ -- PlayAGS, Inc. (NYSE: AGS or "the Company"), a leading supplier of high-performing slot, table, and interactive products and services to the global gaming industry, today announced the Company's Board of Directors (the "Board") has appointed Mr. Adam Chibib, current Board member and Lead Independent Director, as Chairman of the Board.

Key Points: 
  • LAS VEGAS, Jan. 27, 2023 /PRNewswire/ -- PlayAGS, Inc. (NYSE: AGS or "the Company"), a leading supplier of high-performing slot, table, and interactive products and services to the global gaming industry, today announced the Company's Board of Directors (the "Board") has appointed Mr. Adam Chibib, current Board member and Lead Independent Director, as Chairman of the Board.
  • "On behalf of my fellow Board members, I would like to thank David Sambur for his guidance and insights as Chairman of the Board and for his nine years of leadership at AGS," said AGS President, Chief Executive Officer, and Board member, David Lopez.
  • Mr. Lopez added, "We are excited to welcome Adam as our new Board Chairman.
  • In addressing his recent appointment, Mr. Chibib commented, "I am extremely honored to serve as AGS' Chairman of the Board.

SEC Seeks Applicants for Public Company Accounting Oversight Board Seat

Retrieved on: 
Tuesday, February 7, 2023
The Act, Sarbanes–Oxley Act, Public Company Accounting Oversight Board, PCAOB, Security (finance), Sarbanes, CPA, CPAS, Curriculum, Certified Public Accountant, Audit

Washington, D.C.--(Newsfile Corp. - February 7, 2023) - The Securities and Exchange Commission today announced the start of the selection process to fill a seat on the Public Company Accounting Oversight Board (PCAOB) that will become vacant in October.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - February 7, 2023) - The Securities and Exchange Commission today announced the start of the selection process to fill a seat on the Public Company Accounting Oversight Board (PCAOB) that will become vacant in October.
  • Under the current composition of the PCAOB Board, the candidate selected must be or have been a Certified Public Accountant (CPA).
  • The Sarbanes-Oxley Act of 2002 established the PCAOB to oversee the audits of public companies and registered broker-dealers through registration, standard-setting, inspection, and disciplinary programs.
  • The PCAOB Board Member selection process is administered by the SEC’s Office of the Chief Accountant.