Comment by sebmellen

There's a deep lack of accountability here for their marketing statements. For example, "get SOC 2 compliant in days," which I would consider to be false advertising.

That, plus their willingness to arrange an essentially fraudulent auditor network (try to find who the real CPA is behind Accorp, for example), and also massively upcharge the prices of the SOC reports that they offered as a bundled service within the platform. There was no separation here. Del is the transfer agent. Del was always the intermediary and the transfer agent. There is no independence in their default auditor relationships.

At very best, this is a massive AICPA transgression.

At worst, blatant fraud.

I would wager that discovery would show the latter.