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SEC charges ex-finance director at CIRCOR International with accounting fraud

Montage of two accountants.
GRIP Montage: Getty Images

Company settled SEC charges for related accounting controls violations, avoiding penalties because of its self-reporting, cooperation and remediation efforts.

The SEC announced fraud charges and submitted a civil complaint in US District Court in Massachusetts against Nicholas Bowerman, a former finance director of CIRCOR International Inc., a formerly publicly traded technology manufacturer.

The regulator alleges that Bowerman’s fraud led to the company making misleading statements to the public about