SAN DIEGO (CN) - The City of San Diego's independent auditors for 2001 and 2002, Thomas Saiz and Calderon, Jaham & Osborn certified false and misleading statements about the city's funding of its employees' pension and health care plans, and falsely stated that the city followed generally accepting accounting principles, allowing the city to sell $261 million in municipal securities, the SEC claims in Federal Court. See complaint.
Subscribe to our free newsletters
Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.
Additional Reads
-
-
Texans head to the polls for high-stakes US Senate primary February 17, 2026