Former CEO Of Kubient, Inc. Charged And Pleads Guilty In …
WEB3 days ago · Damian Williams, the United States Attorney for the Southern District of New York, and Daniel B. Brubaker, the Inspector in Charge of the New York Division of the U.S. Postal Inspection Service (“USPIS”), announced today the filing of an Information charging PAUL ROBERTS, the founder, former Chief Executive Officer, and former Chairman of the Board of Directors of Kubient, Inc, a digital ...
SEC Charges Former Chairman and CEO of Tech Co. Kubient With …
WEB4 days ago · 2024-131. Washington D.C., Sept. 16, 2024 —. The Securities and Exchange Commission today filed charges against Paul D. Roberts, the former Chair, CEO, and president of Kubient Inc.; Joshua A. Weiss, the company’s former chief financial officer; and Grainne M. Coen, the company’s former audit committee chair, for their roles in …
SEC charges Kubient CEO, CFO with accounting fraud, misleading ...
WEB3 days ago · The Securities and Exchange Commission charged three former executives of ad software startup Kubient — its ex-CEO, ex-CFO and former head of its audit committee — with accounting fraud and lying to auditors in association with a scheme to overstate and misrepresent revenue related to two public stock offerings, according to a Monday press ...
Kubient founder Paul Roberts pleads guilty to securities fraud, lied ...
WEB3 days ago · The $1.3 million in fraudulent revenue equaled over 94% of Kubient’s reported revenue for 2020 at the time of its initial public offering in or about August 2020, according to prosecutors who ...
SEC charges tech execs with $1.3M fraud, lying to auditors
WEB3 days ago · September 17, 2024, 1:02 p.m. EDT 2 Min Read. The Securities and Exchange Commission charged two former executives and the former audit committee chair of technology company Kubient with fraud and lying to auditors. The commission alleges the company's former chair, CEO and president Paul Roberts, former chief financial officer Joshua Weiss ...
Former CEO Of Digital Advertising Firm Guilty Of Securities Fraud
WEB3 days ago · Roberts, 48, pleaded guilty in New York on Monday and will be sentenced on Dec. 18, 2024. He faces up to 20 years in prison on one count of securities fraud. Kubient delisted its stock from the ...
Kubient’s Stock Offerings Touted False Revenue From AI, SEC Says
WEBTRACK DOCKETS: No. 1:24-cv-06990 and No. 1:24-cv-06988. Kubient Inc.'s former president schemed to misrepresent the technology company’s revenue ahead of public stock offerings by falsely claiming its flagship AI product was in beta testing, the SEC says. The executive, Paul Roberts, who was also the company’s interim CEO and chair, has ...
SEC charges Kubient 'gatekeepers' with failing to stop CEO's AI …
WEB3 days ago · The case involves Paul Roberts, the former chair, CEO, and president of Kubient, whom the Securities and Exchange Commission and Department of Justice alleged Tuesday had falsely booked $1.3 million in revenue and misrepresented the efficacy of an AI-powered fraud detection tool. ... News and analysis for the well-informed compliance or audit ...
Alleged $1.3M Scam: NY Man, Kubient CEO Accused Of …
WEB1 day ago · The scheme by Long Island resident Paul Roberts, age 48, of Melville caused Kubient to improperly recognize more than $1.3 million in fraudulent revenue in Kubient’s financial statements at the time of the company's initial public offering, according the United States Attorney for the Southern District of New York Damian Williams.
Kubient Announces Voluntary Delisting from the Nasdaq Capital …
WEBNEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kubient, Inc. (NasdaqCM: KBNT, KBNTW) (“Kubient” or the “Company”), a cloud-based software platform for digital advertising, announced it notified...
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