Former CFO of Digi International, Inc., Partially Settles SEC Enforcement Action

Digi International

In Fall 2012, the former CFO of Digi International, Inc., Subramanian Krishnan, partially settled an SEC enforcement action stemming from the use of Divi funds to pay for unauthorized travel and entertainment expenses.  The amount of any disgorgement, interest, and civil penalty is still to be determined.

• SEC Complaint
• SEC Litigation Release