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SEC investigation closure

Company: Applied Digital

Subject kind
regulatory
Statement date
2006-09-13
Current status
stated

The claim, verbatim

SEC investigation into company and certain officers relating to SOCRATES® technology was terminated with no adverse findings

Source (primary)

Applied Digital DEF 14A filed 2006-09-14 (SEC EDGAR, sec_filing)
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Quote: “We recently received written notification from the SEC that this investigation has been terminated with no adverse findings against us and with no further action contemplated”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Applied Digital DEF 14A filed 2006-09-14

Quote: “We recently received written notification from the SEC that this investigation has been terminated with no adverse findings against us and with no further action contemplated”

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