A California-based server and cloud computing firm has agreed to pay $17.5 million as part of a settlement with the Securities and Exchange Commission (SEC) to resolve charges of improperly booked revenue and understated expenses.

A California-based server and cloud computing firm has agreed to pay $17.5 million as part of a settlement with the Securities and Exchange Commission (SEC) to resolve charges of improperly booked revenue and understated expenses.
Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:... More by Aaron Nicodemus