SEC v. Rosenberger

Karen Rosenberger allegedly engaged in accounting misconduct which resulted in the overstatement of revenue by Synchronoss. The SEC alleged that Rosenberger aided and abetted Synchronoss’s public filing of materially false financial statements. The SEC further alleged that Rosenberger sought to cover up her and Synchronoss’s misconduct by lying to Synchronoss’s auditor, falsifying books and records, and by failing to implement or maintain, and circumventing, Synchronoss’s system of accounting controls.

Summary generated from official Securities and Exchange Commission press release