23 unchanged sentences
However, the outcome of such matters is inherently unpredictable and subject to significant uncertainties.
−Removed: SEC Investigation
−Removed: The Company and certain affiliates
−Removed: and related parties received several subpoenas from the SEC for the production of documents and testimony in the non-public fact-finding
−Removed: investigation referred to as In re DPW Holdings, Inc.
−Removed: The Company and those parties have reached a settlement with the SEC to fully
−Removed: resolve the SEC’s previously disclosed investigation into certain of the Company’s public disclosures and its accounting for
−Removed: certain transactions, among other matters.
−Removed: Under terms of the settlement,
−Removed: announced on August 15, 2023, the Company, Executive Chairman Milton “Todd” Ault, III, and Chief Executive Officer William
−Removed: Horne neither admit nor deny the SEC’s findings, which do not entail intentional misconduct.
−Removed: The Company will pay a civil penalty
−Removed: of $0.7 million that was fully accrued in the fourth quarter of 2022;
−Removed: Ault will pay disgorgement of $85,504 and a civil penalty of
−Removed: Horne will pay a civil penalty of $20,720.
−Removed: In addition, the Company has undertaken to retain an independent consultant
−Removed: to conduct a comprehensive review of the Company’s internal control over financial reporting and disclosure controls and procedures,
−Removed: and to issue a report providing recommendations for improvements.
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1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.