NSSC - stevehemingway/trading GitHub Wiki


thesis: fraud analyst: fuzzy-panda sector: IT

Napco Security Technologies (NSSC)

Explosive new lawsuit by former employees alleges accounting fraud and financial manipulation at Napco.
They say the fraud occurred for multiple years – and at the direction of the CFO.

The alleged fraud involved mis-categorizing COGS as inventory, and was “well-known within the company,” the lawsuit says.

More ... latest change: 2024-09-06

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