Revolution Lighting Technologies, Inc., Robert LaPenta, James DePalma , Allen Garner, Daniel O'Neal

Financial Fraud

SANCTION AMOUNT: $1592768

Defendants: Revolution Lighting Technologies, Inc.
Robert LaPenta, James DePalma , Allen Garner, Daniel O'Neal

Combined sanction to settle allegations that the individual defendants conspired to – and did – overstate the revenues of the entity defendant by pulling forward “bill and hold” sales, and providing the auditor with backdated, false documentation in support.

Key Docs
Official SEC press release

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September 24, 2020

Revolution Lighting Technologies, Inc., Robert LaPenta, James DePalma , Allen Garner, Daniel O'Neal

Financial Fraud

SANCTION AMOUNT: $1592768

Defendants: Revolution Lighting Technologies, Inc.Robert LaPenta, James DePalma , Allen Garner, Daniel O'Neal

Defendants: Revolution Lighting Technologies, Inc.
Robert LaPenta, James DePalma , Allen Garner, Daniel O'Neal