Defendant Name: Friedman LLP

Defendant Type: Other

Initial Case Details

Legal Case Name In the Matter of Friedman LLP
First Document Date 23-Sep-2022
Initial Filing Format Administrative Action
File Number 3-21142
Allegation Type Issuer Reporting and Disclosure
AAER 4339

Violations Alleged

Other
• Section 10A(a)(2) Exchange Act; Rule 2-02(b)(1) Regulation S-X

Resolutions

First Resolution Date 23-Sep-2022
Headline Total Penalty and Disgorgement $1,564,712

Related Documents:

34-95887 23-Sep-2022 Administrative Proceeding
Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to 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 23, 2022, the SEC instituted settled public administrative and cease-and-desist proceedings against Friedman LLP, stating: "This matter involves serial violations of the federal securities laws and improper professional conduct by Respondent in conducting multi-year audits of two public issuers, iFresh, Inc. and Issuer A (together, the “Reporting Companies”). iFresh, Inc. retained Friedman to audit its financial statements for the fiscal years ended March 31, 2017 through 2020. Issuer A retained Friedman to audit its financial statements for the years ended December 31, 2016 through 2020."

Related Actions:

SEC v. iFresh, Inc. and Long Deng
iFresh, Inc.
Long Deng
In the Matter of Jason Jianxun Tang, CPA
Jason Jianxun Tang, CPA