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Audit

Crowe UK fined by US regulator

Without denying or admitting the SEC’s findings Crowe UK, Bostock, and Stallabrass have agreed to settle the SEC’s charges and pay penalties of $750,000 (£560,000), $25,000 (£20,000), and $10,000 (£7865) respectively

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Crowe UK, its CEO, Nigel Bostock, and senior auditor, Matthew Stallabrass have been charged by the Securities and Exchange Commission (SEC) in the US for the firm’s “deficient” audit of music streaming company Akazoo Limited.

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