J-Star Holding Co. Ltd., a provider of carbon fiber and composite solutions, has filed formal complaints against PwC with the American Institute of Certified Public Accountants (AICPA) and the Public Company Accounting Oversight Board (PCAOB). The company alleges that PwC misrepresented its qualifications during J-Star’s NASDAQ IPO process, leading to delays and additional costs. J-Star ultimately replaced PwC as its auditor after authorities questioned PwC’s audited financial statements, which were deemed inadequate for the IPO in the first half of 2025. The AICPA is currently investigating the complaint.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. J-Star Holding Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9630479-en) on January 22, 2026, and is solely responsible for the information contained therein.