regulatory
confidence high
sentiment negative
materiality 0.60
ULIXE CORP.: auditor change — Dismisses auditor OOC after SEC fraud charges; hires LAO Professional Services
ULIXE CORP.
- Olayinka Oyebola & Co dismissed as auditor due to SEC charges for allegedly aiding and abetting securities fraud.
- LAO Professional Services engaged as new independent auditor for fiscal year ending July 31, 2025.
- OOC's 2024 audit report contained a going concern explanatory paragraph but no adverse opinion or modifications.
- No disagreements or reportable events occurred during OOC's engagement.