Defendant Name: Tangoe, Inc.

Defendant Type: Public Company

Document Reference: LR-24255

Document Details

Legal Case Name SEC v. Tangoe, Inc., Albert R. Subbloie, Gary R. Martino, Donald J. Farias, and Thomas H. Beach
Document Name SEC Charges Telecommunications Expense Management Company with Accounting Fraud
Document Date 04-Sep-2018
Document Format Civil Proceeding
Case Number 18-cv-01479
Federal District Court Connecticut, District of Connecticut
Allegation Type Issuer Reporting and Disclosure
Document Summary On September 4, 2018, the SEC issued a press release regarding charges against Tangoe, Inc., stating: "The Securities and Exchange Commission today charged a telecommunications expense management company for its use of fraudulent accounting practices that artificially boosted company revenues between 2013 and 2015."

Disgorgement & Penalty Information

Resolutions
None Specified
Monetary Penalties:

Civil Penalty

Individual:     $1,500,000.00 Shared:    

Related Documents:

comp24255 04-Sep-2018 Complaint
Complaint
On September 4, 2018, the SEC filed a complaint against Tangoe, Inc., stating: "This action involves misrepresentations in the publicly filed financial statements of Tangoe, Inc. ("Tangoe"), a historically Connecticut-based company whose stock was registered with the Commission and was publicly traded."
court_doc17_18-cv-01479 09-Oct-2018 Court Docket Document
Final Judgment as to Defendant Tangoe, Inc.
The Court stated: "The Securities and Exchange Commission having filed a complaint and defendant Tangoe Inc. having entered a general appearance; consented to the court's jurisdiction over the defendant and the subject matter of this action; consented to entry of this final judgment without admitting or denying the allegations of the complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this final judgment."