If you are interested in investing in a company’s stock it is wise to thoroughly research that company to see if there have been any previous accounting fraud incidents or claims of financial wrongdoing.
Investors that currently own stock in a company that is being investigated by the SEC for accounting fraud it is always a good idea to consult your financial advisor before making any drastic decisions about what to do with the stock.
Individuals should always do their best to provide accurate tax information on their tax returns and if they have any concerns they should contact a CPA for further instruction and advice.