Separately, Chad Starkey, the former CFO of Jumio, also reached a settlement agreement with the SEC. He agreed to pay around $420,000 in disgorgement and prejudgment interest.
The Commission filed a complaint against Starkey for allegedly failing to exercise reasonable care concerning the financial statements of Jumio. He also allegedly signed stock transfer agreement that falsely suggested that the company’s Board approves Mattes’ sales of his shares.
Mattes and Starkey settled the Commission’s complaint without admitting or denying the allegations against them.
