The fall out from a failed investment firm continues to haunt McGladrey which inherited the mess involving the former Sentinel Management Group when it acquired the former Altschuler, Melvoin and Glasser in November 2006. This week, the SEC censured AMG and barred engagement partner George Victor (Vic) Johnson, who is now a partner with McGladrey, from SEC practice for his role in signing off on audits for Sentinel, which used millions of dollars in client investment funds as collateral for loans. Read more...