The Securities and Exchange Commission (SEC) accused six former Anicom executives of inflating revenues by $38 million at what was one of the largest wire and cable specialists in the United States.
On May 6, the SEC filed a civil lawsuit against six former Anicom Inc. officials, including its chief executive and president. The suit alleges that the executives and other employees carried out a “massive financial fraud” at the now-bankrupt company. In the suit, filed in federal court i
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.