Ex-Marcum partner suspended by SEC over Ault Alliance work

A former engagement quality review partner at Marcum agreed to pay a $30,000 penalty and be suspended as part of a settlement with the Securities and Exchange Commission (SEC) addressing alleged violations of audit standards in his work at diversified holding company Ault Alliance.

Michael Messina consented to a two-year suspension on appearing and practicing before the SEC as an accountant, the agency announced in an administrative proceeding Monday.

In August, Ault Alliance agreed to pay $700,000 as part of a settlement with the SEC addressing allegations of misleading disclosures and reporting violations.

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