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SEC Charges UK Audit Firm Crowe and Senior Executives Over Deficient Audit of Akazoo
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SEC Charges UK Audit Firm Crowe and Senior Executives Over Deficient Audit of Akazoo

SEC charges Crowe U.K. LLP, CEO Nigel Bostock, and auditor Matthew Stallabrass over flawed Akazoo audit. Akazoo's 2018 report falsely claimed $120M revenue. Settlements agreed; penalties total $785,000. Both executives face SEC suspensions.

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