SEC settles charges against Manitex and former executives
06 October 2020
The Securities and Exchange Commission settled charges stemming from accounting fraud schemes that resulted in mistated financial statements by Manitex International in 2014 and 2016.
The Securities and Exchange Commission (SEC) in the USA settled charges against Manitex International and three of its former senior executives for two accounting fraud schemes that resulted in the issuance of materially mis-stated financial statements.
According to the SEC orders, Manitex improperly accounted for and misled its outside auditor…