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UPS, SEC
UPS will pay $45 million in fines with SEC settlement
The world's largest courier service, UPS, will pay $45 million in fines after settling claims one of its units misrepresented earnings, the U.S. Securities and Exchange Commission confirmed in a release this week.
UPS to pay $45M charges to SEC
UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday. The regulator agency said that UPS materially misrepresented its earnings because it failed to follow generally accepted accounting principles in valuing its freight unit.
UPS to pay $45M to US settle charges that it improperly valued its freight division
UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday. The regulator agency said that UPS materially misrepresented its earnings because it failed to follow generally accepted accounting principles in valuing its freight unit.
Law
2d
UPS Agrees to $45M Settlement With SEC Over Valuation Claim
The commission accused
UPS
of failing to follow generally accepted accounting principles, or GAAP, and “materially ...
2d
UPS to pay $45 million penalty for improperly valuing business unit, SEC says
The United Parcel Service will pay up to a $45 million penalty for improperly valuing a business unit, the U.S. Securities ...
Rolling Out
3d
Judge reduces $237M award in UPS employee’s discrimination case
A recent ruling by a federal judge has significantly altered the outcome of a high-profile discrimination case involving a ...
Transport Topics
2d
UPS Settles With SEC Over Freight Business Valuation
UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the ...
Benzinga.com
1d
Financial Crime Weekly: UPS Pays $45M Fine, BIT Mining Pays $4M Fine For Bribery
UPS
pays a $45 million fine for misrepresenting its earnings. BIT Mining pays a $4 million fine for bribery of foreign ...
Cowboy State Daily
2d
Rawlins UPS Worker Accused Of Stealing Crime Evidence Sent To State Lab
A Rawlins UPS worker accused of stealing drugs and other crime evidence out of boxes on their way to the state crime lab was charged Wednesday. A ...
2d
on MSN
UPS, Williams Sonoma to fly more than 10,000 turkeys to Thanksgiving dinner tables
UPS and Williams Sonoma have developed a more than 20-year partnership to bring families all across the U.S. turkeys for ...
5d
Judge reduces UPS driver's $237.6 million bias verdict to $39.6 million
A federal judge reduced a $237.6 million jury award against United Parcel Service to $39.6 million in the case of a Black ...
23h
on MSN
Illinois Dem ups pressure on House to release Gaetz report: ‘We care about ethics’
Congressman Sean Casten (D-Ill.) hammered former Rep. Matt Gaetz (R-Fla.) over accusations about his sexual assault ...
3d
New video emerges of 2019 police shootout that killed UPS driver, innocent bystander
MIAMI - Newly released surveillance and bodycam footage sheds light on the 2019 police shootout in Miramar that resulted in ...
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