Ungar, Joel of W. Bloomfield, MI

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Ungar’s AICPA membership was terminated, effective September 22, 2016, in connection with the disciplinary action taken by the Securities and Exchange Commission (SEC). Specifically, through an “Offer of Settlement”, and without admitting or denying the charges, the SEC denied Mr. Ungar the privilege of appearing or practicing before the Commission as an accountant for engaging in improper professional conduct and failing to comply with PCAOB auditing standards in connection with the audits of nine microcap issuers.