January 29, 2024
The former chief financial officer of Synchronoss Technologies Inc. was ordered to return $430,000 in compensation to the company after a New York federal judge found she committed securities fraud by helping the software firm inflate its earnings, netting a partial victory for the U.S. Securities and Exchange Commission.
June 07, 2022
The U.S. Securities and Exchange Commission hit New Jersey-based Synchronoss Technologies Inc. with a $12.5 million civil penalty on Tuesday over an alleged four-year accounting scheme that involved several top executives, including its ex-general counsel, who agreed to an additional $25,000 fine and 18-month suspension.