Barrett Business Services, ex-CFO settle accounting fraud charges: SEC By Reuters

© Reuters. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Thursday that Barrett Business Services Inc (O:) and the company’s former chief financial officer have agreed to settle charges of accounting fraud involving workers’ compensation expenses.

Criminal charges were also filed against the former CFO, James Miller, by the U.S. Attorney’s Office for the Western District of Washington, the SEC said in a statement.

Without admitting or denying the SEC’s findings, BBSI agreed to pay a $1.5 million civil penalty, the statement said.

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