Bradford "Brad" Lewis is an American film producer, animation director and local politician. He produced DreamWorks' Antz and, for Pixar, the Oscar winning Ratatouille. He also co-directed Pixar/Disney's Cars 2. He is a former mayor of the city of San Carlos, California.
It's at least got to the level where the SEC believes that there is an issue and it's become more serious. Generally it's seen as not good news. It's not that surprising and it doesn't mean that anyone has drawn any conclusions.