Jeffrey, Robert – Wayne, NJ

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Jeffrey’s AICPA membership was suspended for a period of three-years, effective September 16, 2014, in connection with the disciplinary action taken by the Public Company Accounting Oversight Board (PCAOB). Specifically, the PCAOB barred Mr. Jeffrey from being an associated person of a registered public accounting firm with the right to file a petition for Board consent to associate with a registered public accounting firm after three years from the date of the Order. This decision was based on the PCAOB’s findings that Mr. Jeffrey repeatedly violated Section 10A(j) of the Securities Exchange Act of 1934 and Securities Exchange Act Rule 10A-2, and PCAOB rules and auditing standards in connection with the Firms’ audits for three issuer clients.