EX-CFO OF 'SMART WINDOW' MAKER VIEW SETTLES WITH US SEC
https://media.zenfs.com/en/reuters.com/7dc6b23b78d149e9a6d96a2e779f7a0f
✍️ The former CFO of View settled a lawsuit with the SEC over allegations he allowed the company to understatement the cost of replacing defective smart windows.
👉 The SEC accused Prakash of negligently allowing View to understate the cost of replacing defective smart windows 👉 The company understated window-related liabilities by $53 million in 2019 and 2020 👉 Prakash's lawyers claimed the SEC couldn't prove he knew or should have known View would cover the costs 👉 View went public through a $1.6 billion merger and later filed for Chapter 11 bankruptcy
-- #VidulPrakash #BethLabsonFreeman #JonathanStempel #RodNickel #SanJose,California #Milpitas,California #NewYork #business
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