Securities and Exchange Commission v. Mimedx Group, Inc. et al

  1. June 08, 2023

    MiMedx Execs To Pay SEC Nearly $2M To End Fraud Claims

    Two convicted former executives of skin graft biotechnology company MiMedx have agreed to pay nearly $2 million to the U.S. Securities and Exchange Commission to resolve claims they played a role in orchestrating a "pervasive, long-running fraud" that saw the company strike backroom deals with distributors to misstate millions of dollars of revenue in its public filings.

  2. March 28, 2022

    Former MiMedx CFO Can't Escape SEC's Fraud Suit

    A New York federal judge on Monday denied a bid from the former chief financial officer of MiMedx Group Inc. to dismiss him from a U.S. Securities and Exchange Commission suit over a purported scheme to falsely inflate the biotech company's revenue, finding that the agency sufficiently pled a host of claims.

  3. June 22, 2021

    Ex-MiMedx CFO Claims Ignorance In Securities Fraud Suit

    A former chief financial officer of MiMedx Group Inc. has asked to be excused from a U.S. Securities and Exchange Commission lawsuit targeting him and two former company executives who were convicted in a parallel criminal case, saying he was unaware of a multipronged scheme to falsely inflate the biotech company's revenue by $9.5 million.

  4. November 26, 2019

    Ex-MiMedx Execs Charged With Cooking Biotech Co.'s Books

    Two former top executives of MiMedx Group Inc. on Tuesday were hit with securities fraud charges by New York federal prosecutors over a purported multi-pronged scheme to falsely inflate the biotech company's revenue.