Barry A. Ruffalo

The Securities and Exchange Commission ("Commission") has instituted cease-and-desist proceedings against Barry A. Ruffalo for violating Section 10(b) of the Exchange Act by tipping material nonpublic information to his son, resulting in illicit profits. The findings conclude that Ruffalo's actions breached his fiduciary duty as a Masonite director and violated Rule 10b-5. The Commission has imposed sanctions on Ruffalo, including ceasing and desisting from committing or causing any future violations of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder.