Sequenom and former CFO resolve litigation

theflyonthewall.com

Sequenom announced a resolution of litigation between the company and Paul Hawran. Mr. Hawran served as the company's CFO from April 2007 until September 2009. Mr. Hawran resigned in September 2009.

After September 2009, the SEC conducted an investigation concerning alleged inaccurate disclosures by the company in 2008 and 2009. The SEC concluded its investigation without any action against Mr. Hawran.

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