UPS is paying a steep fine to the SEC for how it valued UPS Freight before it was sold to TFI. The post UPS hit with SEC fine ...
The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 ...
The world's largest courier service, UPS, will pay $45 million in fines after settling claims one of its units misrepresented ...
UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the ...
As alleged by the SEC, instead of calculating the write-down based on the price UPS expected to receive to sell its Freight business unit—as required under GAAP—UPS relied on a valuation prepared by ...
“Using financial information and assumptions provided or approved by UPS, the consultant valued Freight at about $2 billion,” the SEC said. UPS failed to provide key information to the ...
The United Parcel Service will pay up to a $45 million penalty for improperly valuing a business unit, the U.S. Securities ...
I found 507 firms with goodwill and intangible assets more than $1 billion on their balance sheets and market to book ratios ...
United Parcel Service will pay $45 million under a settlement the delivery company has reached with the U.S. Securities and ...
UPS has agreed to pay $45 million to settle a complaint with the U.S. Securities and Exchange Commission, which alleges the ...