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  "documentTitle": "Clear Secure, Inc. (YOU)",
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      "text": "CLEAR's Chief Accounting Officer was the Corporate Controller at Ubiquiti, Inc. (NYSE: UI) during a period it was under investor and SEC scrutiny.",
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      "text": "CLEAR's Chief Accounting Officer Held Key Controllership Roles At Ubiquiti",
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      "text": "Lawsuit Alleges With Support That Ubiquiti Inflated The Member Community",
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      "text": "CLEAR's Chief Accounting Officer was the Corporate Controller at Ubiquiti, Inc. (NYSE: UI) during a period it was under investor and SEC scrutiny. Broadly speaking, the role of a Controller is to oversee financial and accounting-related activities to ensure accuracy and maintain internal controls. One of the key allegations was that Ubiquiti inflated its Ubiquiti Community members. Ubiquiti received a subpoena from the SEC but the regulator did not take any enforcement action. However, Ubiquiti settled a shareholder lawsuit for $15 million, without admitting guilt. Mr. Liu's LinkedIn biography states he is a CPA but this claim cannot be verified as there is no Dennis Liu in the CPAverify.com database.",
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      "text": "On February 13, 2018, the Securities and Exchange Commission (the “SEC”) issued subpoenas to Ubiquiti Networks, Inc. (the “Company”) and certain of the Company’s officers requesting documents and information relating to a range of topics, including metrics relating to the Ubiquiti Community, accounting practices, financial information, auditors, international trade practices, and relationships with distributors and various other third parties. The Company is in the process of responding to the requests and intends to cooperate fully with the SEC.",
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      "text": "Effective September 13, 2021, Mr. Dennis Liu has been appointed Chief Accounting Officer of Clear Secure, Inc. (the “Company”) and will assume the role of principal accounting officer. Prior to joining CLEAR, Mr. Liu was an international controller at Ubiquiti Inc. (from 2016 to 2017) and a corporate controller at Ubiquiti Inc. (from 2017 to 2021). Mr. Liu holds a Masters in Accounting from the University of Illinois Urbana-Champaign. Mr. Liu, 38, will receive a base salary and an annual cash bonus opportunity equal to a percentage of base salary.",
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      "text": "On February 13, 2018, the Securities and Exchange Commission (the “SEC”) issued subpoenas to Ubiquiti Networks, Inc. (the “Company”) and certain of the Company’s officers requesting documents and information relating to a range of topics, including metrics relating to the Ubiquiti Community, accounting practices, financial information, auditors, international trade practices, and relationships with distributors and various other third parties.",
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      "text": "Source: UI 8-K and 10-Q, CLEAR 8-K, LinkedIn biography, CPAverify.com, In re Ubiquiti Networks, Securities Litigation (1:18-cv-01620)",
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