Ex-general counsel Ronald Prague is one of seven former senior employees settling with the SEC. The company also settled and agreed to pay a $12.5 million penalty.
June 07, 2022 at 06:09 PM
3 minute read
As part of a settlement with the U.S. Securities and Exchange Commission, a Bridgewater, New Jersey-based software company’s former general counsel will pay a $25,000 civil penalty and be suspended from practicing before the federal agency for 18 months.
Ronald Prague, who departed Synchronoss Technologies in 2021 after 15 years with the company, is one of seven senior employees the SEC alleged played a role in accounting misconduct between 2013 and 2017.
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