Krishnan, Subramanian – Minnetonka, MN

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Krishnan’s AICPA membership was terminated, effective December 11, 2013, in connection with the disciplinary action taken by the Securities and Exchange Commission (SEC) Specifically, the SEC suspended Mr. Krishnan from appearing or practicing before the Commission as an accountant with the right to apply for reinstatement after five years from the effective date of the SEC’s Order. This decision was based on the SEC’s findings that in Mr. Krishnan’s positions of CFO and Sr. Vice President of a (“Company”), he engaged in a course of conduct which resulted in the “Company” filing inaccurate reports and accompanying certifications in the “Company’s” annual reports on Form 10-K and the “Company’s” quarterly reports on form 10-Q for the period from March 2005 through May 2010.