Defendant Name: Barrett Business Services, Inc.

Defendant Type: Public Company
SIC Code: 7360
CUSIP: 06846310

Initial Case Details

Legal Case Name In the Matter of Barrett Business Services, Inc. and Mark Cannon, CPA
First Document Date 20-Sep-2018
Initial Filing Format Administrative Action
File Number 3-18806
Allegation Type Issuer Reporting and Disclosure
AAER 3977

Violations Alleged

Exchange Act
• Sec 10(b) + Rule 10b-5
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-11
• Rule 13a-13
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
Securities Act
• Sec 17(a)(1)
• Sec 17(a)(2)
• Sec 17(a)(3)
Additionally, Mark Cannon, CPA is alleged to have caused Barrett Business Services, Inc.'s violation of Rule 12b-20 of the Exchange Act.
Mark Cannon, CPA is alleged to have caused Barrett Business Services, Inc.'s violation of Sec 13(a) of the Exchange Act.
Mark Cannon, CPA is alleged to have caused Barrett Business Services, Inc.'s violation of Rule 13a-1 of the Exchange Act.
Mark Cannon, CPA is alleged to have caused Barrett Business Services, Inc.'s violation of Rule 13a-11 of the Exchange Act.
Mark Cannon, CPA is alleged to have caused Barrett Business Services, Inc.'s violation of Rule 13a-13 of the Exchange Act.
Mark Cannon, CPA is alleged to have caused Barrett Business Services, Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act.
Mark Cannon, CPA is alleged to have caused Barrett Business Services, Inc.'s violation of Sec 13(b)(2)(B) of the Exchange Act.

Resolutions

First Resolution Date 20-Sep-2018
Headline Total Penalty and Disgorgement $1,500,000

Related Documents:

33-10557 20-Sep-2018 Administrative Proceeding
Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Sections 4C and 21C of the Securities Exchange Act of 1934, and Rule 102(e) of the Commission's Rules of Practice, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On September 20, 2018, the SEC issued an order against Barrett Business Services, Inc., stating: "This matter involves accounting practices at BBSI, which violated the antifraud, books and records, periodic reporting, and internal accounting control provisions of the federal securities laws."
2018-205 20-Sep-2018 Press Release--Administrative Proceeding
Business Services Company and Former CFO Charged With Accounting Frad
The Commission stated: "Securities and Exchange Commission today charged the former chief financial officer of Barrett Business Services Inc. for his role in an accounting fraud involving BBSI's workers' compensation expenses."

Other Defendants in Action:

Mark Cannon, CPA

Related Actions:

SEC v. James Douglas Miller
James Douglas Miller 
In the Matter of James Douglas Miller, CPA
James Douglas Miller