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Surgical implantmaker Surgalign, former executives charged by US SEC with accounting, disclosure fraud

( August 3, 2022, 20:42 GMT | Official Statement) -- MLex Summary: Surgalign Holdings agreed to pay $2 million to settle US Securities and Exchange Commission charges that the company concealed disappointing sales numbers by shipping future orders ahead of schedule to accelerate revenue, and then failed to disclose this practice to investors. The company was called RTI Surgical Holdings at the time. Also charged was former Chief Executive Brian Hutchison, who is contesting the charges, and the former chief financial officer, Robert Jordheim, who agreed to pay $281,831.See statement and documents below....

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