The SEC has filed a motion aiming to have a CPA held in civil contempt of court for allegedly violating an injunction against him from appearing or practicing before the SEC.
The motion was filed Wednesday against Joseph S. Amundsen, who was barred in 1983 for filing misleading and materially false audit reports for a company called Olympic Oil and Gas, which included the audit reports in its SEC filings. Without admitting or denying the SEC’s allegations, Amundsen agreed in February 1983 at the time to be permanently barred from appearing or practicing before the SEC and from violating the antifraud provisions of the securities laws.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access