J-Star files formal complaints against PwC with AICPA, PCAOB

J-Star (YMAT) announced that the Company has filed formal complaints against PwC with the American Institute of Certified Public Accountants, AICPA, and the Public Company Accounting Oversight Board, PCAOB, regarding PwC’s misrepresentations during the Company’s NASDAQ IPO process. Jonathan Chiang, Chairman of J-Star, commented, “J-Star is committed to the highest standards of transparency, regulatory compliance, and investor protection. After a careful consideration, we determined that it was appropriate to bring these matters directly to U.S. regulatory authorities to ensure an independent and objective review of the conduct at issue as the implications directly impacted our U.S. IPO process and shareholders.”