S.E.C. Smacks CFO and CAO for Inadequate Internal Controls
3/23/16
By: John Goselin and Ze’eva Kushner Banks On March 10, 2016, the Securities and Exchange Commission announced a settlement with Texas-based oil company Magnum Hunter Resources Corporation, its former chief financial officer and its former chief accounting officer arising from a failure to properly evaluate and maintain internal control over financial reporting for more than a…