Comment on SEC charges App Annie and its founder with securities fraudparentComments−tych04yCompanies/directors can (and do, see e.g. Theranos/Elizabeth Holmes) settle without admitting fault.Presumably the goal is to lower the number of three letter agencies investigating you.−hermitdev4yWell, at least in the case of Holmes, her legal troubles are not over. I'm not familiar with the details, but among the charges are defrauding investors. The trial just started on Sep 8th.
Comments
Companies/directors can (and do, see e.g. Theranos/Elizabeth Holmes) settle without admitting fault.
Presumably the goal is to lower the number of three letter agencies investigating you.
Well, at least in the case of Holmes, her legal troubles are not over. I'm not familiar with the details, but among the charges are defrauding investors. The trial just started on Sep 8th.