Nicholas Bowerman

U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26482 / February 11, 2026 Securities and Exchange Commission v. Nicholas Bowerman, No. 1:24-cv-12282 (D. Mass. filed Sept. 5, 2024) SEC Obtains Final Judgment as to Former Finance Director at CIRCOR International in Alleged Accounting Fraud On December 23, 2025, the United States District Court for the District of Massachusetts entered a final judgment as to Nicholas Bowerman, a former finance director of CIRCOR International Inc., a former public company, in connection with previously-filed accounting fraud charges . The SEC’s complaint, filed on September 5, 2024, alleges that Bowerman worked at CIRCOR’s U.K.-based business unit, Pipeline Engineering, and, between 2019 and 2021, manipulated CIRCOR’s internal accounting records by falsifying Pipeline Engineering’s financial results before they were included in CIRCOR’s consolidated financial statements. The complaint further alleges that Bowerman concealed his misconduct by manipulating account reconciliations, falsifying certifications, fabricating bank confirmation documents, and misleading CIRCOR’s management and independent auditors. As a result of Bowerman’s conduct, CIRCOR allegedly overstated by millions of dollars its performance for fiscal years 2019 and 2020 and the nine months ending on October 3, 2021. The final judgment, entered by default, permanently enjoins Bowerman from violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5(a) and (c) thereunder, as well as the books and records provisions of Section 13(b)(5) of the Exchange Act and Rule 13b2-1 thereunder, and internal accounting controls provisions of Sections 13(a), 13(b)(2)(A), and 13(b)(2)(B) of the Exchange Act and Rules 13a-1, 13a-11, and 13a-13 thereunder. The final judgment also prohibits Bowerman from acting in an accounting or financial reporting role at a public company in connection with the preparation of financial statements filed with the Commission, providing substantial assistance to a public company in the preparation of financial statements filed with the Commission, or acting as an auditor on a public company audit, and orders Bowerman to pay disgorgement of $17,823.80, prejudgment interest thereon of $4,148.51, and a $75,000 civil penalty. The SEC’s investigation was conducted by Christine R. O’Neil, Samika N. Osbourne, and Brian R. Higgins, and supervised by Brendan P. McGlynn, all of the SEC’s Philadelphia Regional Office. The SEC’s litigation was conducted by Judson T. Mihok and supervised by Gregory R. Bockin, also of the Philadelphia Regional Office. Resources <ul class="field