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Expert Analysis

Kubient Case Shows SEC's Willingness To Charge Directors

By Jennifer Lee, Charles Riely and Reanne Zheng ( September 26, 2024, 4:31 PM EDT) -- On Sept. 16, the U.S. Securities and Exchange Commission brought accounting fraud charges in the U.S. District Court for the Southern District of New York against Paul Roberts, the former CEO of Kubient Inc.; Joshua Weiss, the company's former chief financial officer; and Grainne Coen, the company's former audit committee chair. Kubient is a company that purported to use AI services to detect fraud in advertisements.[1]...

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