Federal Judge: SEC Established Negligence In Case Against Former CFO

(February 28, 2024, 1:54 PM EST) -- SAN JOSE, Calif. — A federal judge in California denied a motion to dismiss from the former chief financial officer of a window-tinting company who the Securities and Exchange Commission says deprived investors of important information by failing to disclose warranty liabilities facing the company, finding that the SEC adequately pleaded its claims....