Action against Respondent, a former senior executive of an electronics company, for alleged books and records and internal accounting control violations.  According to the SEC, Respondent backdated a contract, which caused the company to improperly recognize revenue, and misled an auditor about financial statements, internal accounting controls, and books and records.  Respondent has agreed to pay a civil penalty of $50,000.

SEC Order 

SEC Press Release 

Related Action