Wolfe, Lawrence H. – Plantation, FL

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Wolfe’s AICPA membership was terminated, in connection with the Public Company Accounting Oversight Board’s (PCAOB) disciplinary action. Specifically, the PCAOB permanently barred Mr. Wolfe from being an associated person of a registered public accounting firm based on its findings that he (a) violated PCAOB rules and auditing standards in connection with the audits of four issuer clients; (b) violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder in connection with one of those issuer audits; and (c) directly and substantially contributed to a registered public accounting firm’s violation of PCAOB quality control standards.