Outdoor Holding Settles SEC Investigation Without Penalty

Outdoor Holding settled an SEC investigation without civil penalties or monetary sanctions related to disclosure failures and accounting violations.

Company agreed to cease and desist from violations of antifraud provisions
In the Order, OHC also consented to undertakings requiring the Company to engage outside compliance consultant to review and assist with remediation of material weaknesses in internal control over financial reporting

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To contact the reporter on this story:
Chakradhar Adusumilli in New York at cadusumilli@bloomberg.net

To contact the editor responsible for this story:
Lars Klemming at lklemming@bloomberg.net

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