Gralak, Kenneth J. of New York, NY

March 2, 2020

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Gralak’s AICPA membership was suspended for one year, effective September 30, 2019, the date of the SEC’s Order. This action is based on the disciplinary action taken by the Securities Exchange Commission (SEC). Whereby, through an “Offer of Settlement”, and without admitting or denying the findings, the SEC denied Mr. Gralak the privilege of appearing or practicing before the Commission as an accountant with the right to apply for reinstatement after one year from the effective date of the SEC’s Order. Details regarding the SEC’s disciplinary action can be found on the SEC’s website.