All Akazoo articles

  • Crowe
    News Brief

    SEC fines Crowe U.K. $750K over deficient Akazoo audit

    2023-08-14T18:02:00Z

    The U.K. arm of audit firm Crowe agreed to pay $750,000 as part of a settlement with the Securities and Exchange Commission for alleged professional care and skepticism failures regarding its 2018 audit of music streaming subscription company Akazoo.

  • SECcrop
    Article

    SEC: Akazoo to pay $38.8M in fraud case concerning SPAC merger

    2021-10-28T18:02:00Z

    Akazoo, a music streaming subscription company based in Greece, reached a $38.8 million settlement with the SEC for allegedly defrauding investors out of tens of millions of dollars related to a 2019 SPAC merger.

  • Accounting fraud
    Article

    FRC probing Crowe over Akazoo audit

    2021-10-04T17:02:00Z

    The U.K. Financial Reporting Council announced the start of an investigation into audit firm Crowe UK concerning the financial statements of Luxembourg-incorporated on-demand music streaming subscription company Akazoo.