Feds add fraud charges to the mul­ti­tude of ac­cu­sa­tions made against for­mer MiMedx ex­ecs

You can add fed­er­al charges of ac­count­ing fraud to the steadi­ly grow­ing mound of ac­cu­sa­tions faced by for­mer top ex­ec­u­tives of MiMedx Group.

The Jus­tice De­part­ment has in­dict­ed ex-CEO Park­er Pe­tit and ex-Pres­i­dent William Tay­lor on fraud charges re­lat­ed to over­stat­ing rev­enue and mis­lead­ing in­vestors of the tis­sue re­pair com­pa­ny. And the SEC fol­lowed up with a civ­il suit out­lin­ing a claim that Pe­tit, Tay­lor and for­mer CFO Michael Senken en­gaged in ac­count­ing fraud over a 4-year pe­ri­od stretch­ing from 2013 to 2017.

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