SEC Slaps $12M Penalty on BF Borgers

The Securities and Exchange Commission (SEC) has charged the audit firm BF Borgers CPA PC, based in Lakewood, and its owner, Benjamin F. Borgers, for systemic violations of Public Company Accounting Oversight Board (PCAOB) standards. The SEC alleges this occurred for over 1,500 filings from January 2021 through June 2023. In addition to non-compliance, the…

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