Disciplinary actions.

As a result of an investigation of alleged violations of the Codes of Professional Conduct of the AICPA and/or state CPA societies, the following ethics case has been resolved by settlement agreement under the Joint Ethics Enforcement Program:

* Patrick Scheufler of Aptos, Calif., admonished by the AICPA, effective May 6, 2008.

In lieu of investigations of alleged violations of the Codes of Professional Conduct of the AICPA and/or state CPA societies, the following ethics cases have been resolved by settlement agreement under the Joint Ethics Enforcement Program:

* Michael G. Horsey of Wyncote, Pa., suspended from membership in the AICPA and the Pennsylvania Institute of CPAs for two years ending on Nov. 18, 2004, concurrent with the suspension period imposed by the Securities and Exchange Commission, effective July 30, 2008.

* Andrew J. McAdams II of Tampa, Fla., suspended from membership in the AICPA for two years ending on Mar. 3, 2008, concurrent with the suspension period imposed by the Securities and Exchange Commission, effective July 7, 2008.

* Robert Nagy of Charleston, S.C., suspended for a period of six months from membership in the AICPA and the South Carolina Society of CPAs, effective July 7, 2008.

Under the automatic disciplinary provisions of the Institute's bylaws, the following members have had their AICPA memberships:

--Terminated following disciplinary action imposed by the Public Company Accounting Oversight Board:

* Thomas B. Andres of North Palm Beach, Fla., effective June 16, 2008.

* Stephen Nardi of Erial, N.J., effective June 19, 2008.

--Terminated following disciplinary action...