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Government

Apr. 21, 2016

Logitech settles with SEC for allegations of inflating income

The Securities and Exchange Commission has announced a settlement with the Newark company accused of painting an inaccurate picture of its finances to investors.

By Saul Sugarman
Daily Journal Staff Writer

The Securities and Exchange Commission has announced a settlement with a Newark company accused of painting an inaccurate picture of its finances to investors.

The $7.5 million agreement follows a complaint filed Monday in the Northern District accusing former Logitech Inc. CFO Erik Bardman and its former acting controller, Jennifer Wolf, of inflating the company's opera...

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