Buy The History Of Improper Accounting
The Company has no history of improper accounting (i.e. no allegations of fraud against it and no restatements of financial statements to correct errors in the last 5 years). The CEO, George John, joined ABC last year from The Kat, Inc. A background check indicates that George filed for personal bankruptcy two years ago. The background check further noted that a member of the Audit Committee of the Board of Directors had been sued for securities fraud while he was CFO of another publicly traded company earlier in his career. ABC disclosed that it dismissed its prior auditor, Ford