Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2014
Supplier kickback convictions
Gilbert and Carl Fiorentino pleaded guilty in connection with a supplier kickback scheme involving the former Systemax technology business and concealed supplier-related financial interests.
2012
SEC case involving former executive compensation
The SEC charged former Systemax director and technology-group executive Gilbert Fiorentino over allegedly undisclosed compensation and company merchandise obtained from firms doing business with Systemax. He agreed to a fine and a permanent public-company officer and director bar.
2005
Inventory-accounting restatements
The company restated results for earlier periods after discovering inventory-accounting errors involving its British operation and TigerDirect unit.