SEC adds whistleblower retaliation charges against ex-NS8 CEO


The former chief executive officer of cyber-fraud prevention company NS8 now faces charges of impeding and retaliating against a whistleblower following an amended complaint from the Securities and Exchange Commission (SEC).

Adam Rogas, a co-founder of NS8 who also served as the company’s former chief financial officer, was sentenced to five years in prison last month by a federal judge after pleading guilty to defrauding investors of more than $100 million. He was ordered to forfeit more than $17.5 million.

Despite the steep penalties, Rogas still faces potential discipline from the SEC, which also accused him of fraud in a complaint filed in September 2020.

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