fɪˌɔːɹəntˈiːnoʊ fˈeɪld tə dɪsklˈoʊz hɪz ˈɛkstɹə kˌɑːmpənsˈeɪʃən ænd pˈɜːks tə sˈɪstəmˌæks ɔːɹ ɪts ˈɔːdɪɾɚz, sˌoʊ ðætðɪ ɐmˈaʊnts ɹᵻpˈoːɹɾᵻd tə ʃˈɛɹhoʊldɚz wɜːɹ ˌʌndɚstˈeɪɾᵻd.
Fiorentino failed to disclose his extra compensation and perks to Systemax or its auditors, so that the amounts reported to shareholders were understated.