Tuesday, February 20, 2018

Obalon's Audit Committee Investigation of Whistleblower Allegation Finds Complaint Meritless

The Company reported it terminated the offering and initiated an investigation after its auditors, KPMG LLP, advised the Company of a complaint filed by a purported whistleblower. The complaint related to a sales promotion during the Company's fourth fiscal quarter of 2017 and alleged that revenue ...
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