Independent Forensic Expert Concludes Allegations of ‘Falsified Accounting Records’ Are Unsupported
AUSTIN, TX / ACCESS Newswire / April 23, 2026 / GVA Property Management, an Austin-based multifamily real estate investment and operating company, today announced that a preliminary expert report prepared by Jason S. Flemmons, CPA, CFE, CFF – a former Deputy Chief Accountant of the SEC’s Division of Enforcement – has concluded that GVA’s accounting practices are consistent with applicable IRS rules and do not constitute evidence of falsified records.
kAm%96 C6A@CE H2D AC6A2C65 😕 4@??64E:@? H:E9 2 =2HDF:E 7:=65 3J w:== r@F?ECJ w:==D:56 {E5][ #:G6C #6EC62E `aag {{r[ w:== r@F?ECJ |6C:5:2? {{r[ 2?5 $:6CC2 wr {{r \ 6?E:E:6D 2DD@4:2E65 H:E9 qCJ2? z2DE=6>2? \ 😕 E96 cddE9 s:DEC:4E r@FCE @7 %C2G:D r@F?EJ[ %6I2D] %96 A=2:?E:77D 2==686 E92E v’p QDJDE6>2E:42==J 2?5 C@FE:?6=J C64=2DD:7:65 325 563EQ E@ 7C2F5F=6?E=J :?7=2E6 C6G6?F6 2?5 7:?2?4:2= >6EC:4D C6A@CE65 E@ :?G6DE@CD]k^Am
kAmu=6>>@?D[ 2 $6?:@C |2?28:?8 s:C64E@C 2E p?@C6 E92? b_ J62CD @7 6IA6C:6?46 😕 7@C6?D:4 244@F?E:?8[ 2?2=JK65 325 563E 244@F?ED 24C@DD >F=E:A=6 v’p AC@A6CE:6D \ :?4=F5:?8 qC:586A@:?E[ rC66Aj `d_ (6DE \ 7@C E96 E:>6 A6C:@5D 4:E65 3J E96 A=2:?E:77D] w:D 7:?5:?8D H6C6 F?6BF:G@42=]k^Am
kAm%96 C6A@CE DE2E6Di Q%96 325 563E C64=2DD:7:42E:@?D 4:E65 3J E96 !=2:?E:77D C6AC6D6?E E96 C6G6CD2=D @7 AC6G:@FD=J 2FE@>2E:42==J 86?6C2E65 ;@FC?2= 6?EC:6D E92E 2C6 4@?D:DE6?E H:E9 x#$ CF=6D] !=2:?E:77D 5@ ?@E @776C 2?J 6IA=2?2E:@? @C 6G:56?46 E92E E96D6 C64=2DD:7:42E:@?D 2C6 😕 4@?EC2G6?E:@? @7 2AA=:423=6 244@F?E:?8 DE2?52C5D 2?5 E96C67@C6 :>AC@A6C]Qk^Am
kAm&?56C x#$ CF=6D[ 325 563E 6IA6?D6 42??@E 36 C64@8?:K65 F?E:= 2? 6?E:EJ 92D 56>@?DEC2E65 E92E 2 563E 😀 H@CE9=6DD 2?5 4@==64E:@? 677@CED 92G6 366? 6I92FDE65] v’p C@FE:?6=J D6?E F?A2:5 E6?2?E 32=2?46D E@ 4@==64E:@?D[ >2<:?8 2? :>>65:2E6 HC:E6\@77 :?4@?D:DE6?E H:E9 E96 2AA=:423=6 E2I\32D:D 244@F?E:?8 7C2>6H@C<]k^Am
kAmu=6>>@?D 7FCE96C 4@?7:C>65 E92E J62C\6?5 EC:2= 32=2?46D AC@G:565 E@ :?G6DE@CD >2E4965 E9@D6 AC@G:565 E@ v’pVD E2I AC6A2C6C[ 2?5 E92E ?@ E2I 2F5:ED 925 :56?E:7:65 2?J :DDF6D H:E9 v’pVD EC62E>6?E @7 325 563E]k^Am
kAmQ%9:D 😀 H92E H6VG6 D2:5 7C@> E96 368:??:?8 \ @FC 244@F?E:?8 7@==@H65 E96 CF=6D[Q D2:5 p=2? $E2=4FA[ 7@F?56C 2?5 rt~ @7 v’p] Qp 7@C>6C s6AFEJ r9:67 p44@F?E2?E @7 E96 $trVD s:G:D:@? @7 t?7@C46>6?E 92D ?@H C6G:6H65 E96 C64@C5D[ C6G:6H65 E96 6?EC:6D[ 2?5 4@?7:C>65 6I24E=J E92E] %96 2==682E:@?D @7 72=D:7:65 C64@C5D 2C6 ?@E DFAA@CE65 3J E96 6G:56?46] %96J ?6G6C H6C6]Qk^Am
kAmQ|C] u=6>>@?DV 4C656?E:2=D DA62< 7@C E96>D6=G6D \ `a J62CD 2E E96 $tr[ H@C< @? D@>6 @7 E96 9:896DE\AC@7:=6 7:?2?4:2= C6A@CE:?8 :?G6DE:82E:@?D 😕 E96 4@F?ECJ[ 2?5 2 AC:?4:A2= 2FE9@C @7 E96 pxr!pVD 7@C6?D:4 244@F?E:?8 DE2?52C5D[Q D2:5 xD224 qF5?:< ‘:==2CC62= @7 qF5?:< U2>Aj #665 !{{r[ 4@F?D6= 7@C v’p] Qw:D 4@?4=FD:@? 😀 4=62Ci v’pVD 325 563E 244@F?E:?8 😀 4@?D:DE6?E H:E9 x#$ CF=6D] %96 A=2:?E:77DV 4=2:>D >:D492C24E6C:K6 C@FE:?6[ DJDE6>\86?6C2E65 6?EC:6D 2D 7C2F5] %92E ?2CC2E:G6 5@6D ?@E 9@=5 FA F?56C 6IA6CE D4CFE:?J]Qk^Am
kAm%96 u=6>>@?D C6A@CE >2C6 2? :?56A6?56?E C6G:6H 92D 5:D>2?E=65 4=2:>D @C:8:?2E:?8 7C@> 52E2 AC@G:565 3J +24 #:492C5D[ 2 7@C>6C v’p 6>A=@J66 7:C65 7@C 42FD6] x? E96 ~G6CH2E49 uF?5 =:E:82E:@? \ 5:D>:DD65 H:E9 AC6;F5:46 3J E96 %C2G:D r@F?EJ s:DEC:4E r@FCE 😕 a_ad \ #:492C5D DFAA=:65 2 DAC625D966E 2==68:?8 E92E v’p 2?5 $E2=4FA 925 EC2?D76CC65 2E =62DE S`__ >:==:@? :?E@ ECFDED E@ 567C2F5 4C65:E@CD] ~G6CH2E49 :?G6DE:82E65 E96 4=2:> E9C@F89 5:D4@G6CJ 2E 3@E9 E96 EC:2= 2?5 2AA6==2E6 4@FCE =6G6=D] p D:8?65[ ?@E2C:K65 277:52G:E 7C@> ~G6CH2E49 uF?5 AC:?4:A2= q6? {@F89CJ 4@?7:C>65 E92E E96 7F?5 QH2D F?23=6 E@ :56?E:7J 2?J 6G:56?46 DFAA@CE:?8 |C] #:492C5DV 2==682E:@?DQ 2?5 E92E E96 S`__ >:==:@? 4=2:> H2D 723C:42E65]k^Am
kAm%96 A=2:?E:77D 😕 E96 4FCC6?E =2HDF:E \ 6?E:E:6D 2DD@4:2E65 H:E9 qCJ2? z2DE=6>2? \ C6=J @? E96 D2>6 D@FC46] #:492C5DV DE@=6? 2?5 2=E6C65 5@4F>6?ED 7@C> E96 7@F?52E:@? @7 E96:C 2==682E:@?D E92E v’p 72=D:7:65 244@F?E:?8 C64@C5D] u=6>>@?DV 6IA6CE 2?2=JD:D ?@H 4@?7:C>D E92E E96 DA64:7:4 244@F?E:?8 6?EC:6D 4:E65 3J E96 A=2:?E:77D 2C6 C@FE:?6[ DJDE6>\86?6C2E65[ 2?5 4@?D:DE6?E H:E9 x#$ CF=6D \ ?@E 6G:56?46 @7 7C2F5]k^Am
kAmq6EH66? E96 {@F89CJ 277:52G:E 2?5 E96 u=6>>@?D C6A@CE[ E96 EH@ 46?EC2= A:==2CD @7 E96 #:492C5D\D@FC465 ?2CC2E:G6 \ 2 S`__ >:==:@? 7C2F5F=6?E EC2?D76C D496>6 2?5 72=D:7:65 244@F?E:?8 C64@C5D \ 92G6 3@E9 366? :?56A6?56?E=J 6I2>:?65 2?5 7@F?5 E@ 36 H:E9@FE >6C:E]k^Am
kAmp3@FE v’p !C@A6CEJ |2?286>6?Ek^Am
kAmv’p 😀 2 4@>>6C4:2= C62= 6DE2E6 @A6C2E@C 2?5 :?G6DE@C DA64:2=:K:?8 😕 >F=E:72>:=J 2A2CE>6?E 4@>>F?:E:6D 24C@DD E96 $@FE962DE6C? &?:E65 $E2E6D 2?5 %6I2D >2C<6ED] v’p H2D 7@F?565 H:E9 2 >:DD:@? E@ >2<6 2 A@D:E:G6 :>A24E @? 4@>>F?:E:6D[ 56=:G6C DEC@?8 C6EFC?D 7@C :?G6DE@CD[ 2?5 AC@G:56 6I46AE:@?2= 42C66C @AA@CEF?:E:6D 7@C 6>A=@J66D]k^Am
kAmr@?E24Eik^Am
kAm|:4926= ~36CC6?56Ck^Am
kAmd`a]chf]_fhfk^Am
kAmk2 C6=lQ?@7@==@HQ 9C67lQ>2:=E@i>@36CC6?56Co8G2>8E]4@>Qm>@36CC6?56Co8G2>8E]4@>k^2mk^Am
kAmR R Rk^Am
kAm$~rti v’p |2?286>6?Ek^Am
kAm’:6H E96 @C:8:?2=k^Am
k2 9C67lQ9EEADi^^2AA]2446DD?6HDH:C6]4@>^?6HDC@@>^6?^C62=\6DE2E6^7@C>6C\D64\56AFEJ\49:67\244@F?E2?E\7:?5D\8G2D\244@F?E:?8\AC24E:46D\4@?D:DE6?E\H:E9\:CD\CF=6D\“e_aaaQmAC6DD C6=62D6k^2m
kAm@? prrt$$ }6HDH:C6k^Am
Copyright 2026 ACCESS Newswire. All Rights Reserved.