Fontenot, Mark – Cookeville, TN

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Fontenot’s AICPA membership was suspended for five years, effective February 23, 2015, in connection with the disciplinary action taken by the Tennessee State Board of Accountancy. Specifically, the state board suspended Mr. Fontenot’s CPA license for five years, directed that he pay a civil penalty and complete two penalty hours of State Specific Ethics CPE. This decision was based on Mr. Fontenot’s misappropriation of client funds while he was serving as treasurer of a non-profit organization.