SEC Fines UK-Based Auditor, CEO Over Flawed Akazoo Audit

By Tom Zanki ( August 14, 2023, 7:06 PM EDT) -- A U.K. auditing firm on Monday agreed to pay the U.S. Securities and Exchange Commission $750,000 and accept other penalties to settle charges it negligently cleared a music streamer's faulty financial statements before the streamer's 2019 go-public merger with a special-purpose acquisition company....

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