Securities and Exchange Commission v. Prager Metis CPAs, LLC et al
Case Number:
1:23-cv-23723
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
-
September 18, 2024
FTX Auditor Prager Metis Settles SEC Charges For Negligence
The former auditor of Sam Bankman-Fried's defunct cryptocurrency exchange FTX agreed Tuesday to pay $1.95 million to resolve allegations by the U.S. Securities and Exchange Commission of misconduct in FTX audits and, in a separate case, violations of auditor independence rules.
-
May 30, 2024
Ex-FTX Auditor Must Face SEC's Independence Rules Suit
The former auditor of Sam Bankman-Fried's defunct cryptocurrency exchange FTX must face the U.S. Securities and Exchange Commission's claims it violated auditor independence rules while collecting $3 million in fees from clients, a Florida federal judge has ruled, finding the agency's allegations establish severe recklessness.
-
January 05, 2024
SEC Says Ex-FTX Auditor Shouldn't Dodge Independence Suit
The former auditor to now-defunct cryptocurrency exchange FTX shouldn't be allowed to escape a U.S. Securities and Exchange Commission enforcement action alleging it flouted the auditor independence rule in connection with over 60 audits, the regulator told a Miami federal judge.
-
September 29, 2023
SEC Sues FTX Auditor For Violating Independence Rules
The U.S. Securities and Exchange Commission filed a lawsuit Friday in Florida federal court against an accounting firm that audited FTX prior to the cryptocurrency exchange's high-profile bankruptcy, accusing it of conducting several audits, examinations and reviews between 2017 and 2020 that failed to comply with auditor independence rules.