Michael Gollogly

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SEC charges ex-Nortel execs with accounting fraud

The SEC has charged four former Nortel executives with accounting fraud, The four are former Chief Executive Frank Dunn, former Chief Financial Officer Douglas Beatty, former Controller Michael Gollogly and former Assistant Controller MaryAnne Pahapill. According to Reuters: The Securities and Exchange Commission is seeking a permanent injunction, civil monetary penalties, barrings as officers or directors of [...]