Cutter & Buck Inc. is a manufacturer of upscale clothing for golf and other sports. Founded in 1990, the company went public in 1995 and was sold to New Wave Group AB, a Swedish-based corporation, on April 13, 2007.
Wire Fraud
In 2003, Cutter & Buck's former CFO, Stephen S. Lowber, pleaded guilty to felony wire fraud relating to lying about the company's revenue in 2000. The Cutter & Buck corporation paid no fines for these misstatements; however, it did agree with the SEC to stronger accounting practices. ==Notes==