WASHINGTON, Sept. 23 -- The Securities and Exchange Commission issued an Order of Suspension Pursuant to Rule 102(e)(2) of the Commission's Rules of Practice (File No. 3-22749) against former GigaMedia Access Chief Financial Officer Nihat Cardak, who worked at the company from 2006 until 2019.

The action follows Cardak's conviction in U.S. vs. Nihat Cardak, Crim. No. 21 CR 616 (PGG) for conspiracy to commit securities fraud in federal court, where he received a 42-month pr . . .

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