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  "documentTitle": "Tempus AI, Inc. (TEM)",
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      "text": "During his employment period, Surgalign had an accounting scandal which resulted in a multi-period financial restatement and resulted in revenue recognition fraud allegations by the SEC.",
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      "text": "Tempus's Chief Accounting Officer previously served as the Corporate Controller (2018 - May 2019) and Chief Accounting Officer (May 2019 - May 2021) at RTI Surgical (Nasdaq: RTIX) (which was renamed Surgalign, Nasdaq: SRGA). During his employment period, Surgalign had an accounting scandal which resulted in a multi-period financial restatement and resulted in revenue recognition fraud allegations by the SEC. Mr. Bartolucci was not specifically named in the complaint and some of the company's misconduct pre-dated his arrival.",
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      "text": "SEC Charges Surgical Implant Manufacturer Surgalign and Former Senior Executives with Accounting and Disclosure Fraud. Surgalign Holdings to Pay $2 Million to Settle Charges. FOR IMMEDIATE RELEASE | 2022-137. Washington D.C., Aug. 3, 2022 - The Securities and Exchange Commission today charged Surgalign Holdings, Inc., formerly RTI Surgical Holdings, Inc., and former executives Brian Hutchison and Robert Jordheim for masking disappointing sales numbers by shipping future orders ahead of schedule to accelerate, or \"pull forward,\" revenue and then failing to disclose this practice to investors. In June 2020, RTI restated its public financial statements from 2014 through 2019 to correct errors caused by this practice. As alleged by the SEC, RTI's reliance on pull-forwards cannibalized future revenue streams and damaged important customer relationships while the company reassured investors it was meeting revenue guidance. The SEC further alleged that RTI sometimes shipped orders early without customer approval and recognized revenue for those shipments prematurely, in violation of generally accepted accounting principles (GAAP), and that RTI's former CEO, Hutchison, and former CFO, Jordheim, permitted RTI to recognize revenue for such shipments.",
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      "text": "Ryan Bartolucci is Tempus' Chief Accounting Officer. Before Tempus, he was at Surgalign Spine (f/k/a RTI Surgical), a medical device manufacturer and distributor, in the same role where he was responsible for public company accounting activities, internal controls, and external audit coordination. Bartolucci was also the Corporate Controller at Sagent Pharmaceuticals after spending eleven years at PricewaterhouseCoopers LLP.",
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      "text": "Source: SEC and Tempus Press Releases, Bartolucci LinkedIn, Red emphasis Spruce Point",
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