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SEC, UPS
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 and Exchange Commission (SEC) said on Friday.
UPS to pay $45M to US settle charges that it improperly valued its freight division
United Parcel Service Inc. will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday.
UPS to pay $45M penalty for improperly valuing business unit, SEC says
The Securities and Exchange Commission announced settled charges against United Parcel Service Inc. for materially misrepresenting its earnings
UPS Stock Rises Despite $45M SEC Penalty Over Freight Business Valuation: Retail’s Stuck In 'Neutral'
The Securities and Exchange Commission (SEC) said on Friday that United Parcel Service Inc. ($UPS) is facing a penalty of $45 million for materially misrepresenting its earnings as it failed to follow generally accepted accounting principles (GAAP) in valuing one of its worst performing businesses.
1d
on MSN
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 ...
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 ...
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 ...
6h
Mass. woman killed in crash with UPS tractor-trailer in Conn. remembered
A Massachusetts woman who was killed in a crash involving a UPS tractor-trailer in Connecticut earlier this month is being ...
Rolling Out
4d
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 ...
4d
Think UPS Stock Is Expensive? These Charts Might Change Your Mind
UPS earnings represent a tale of two halves in 2024. The first-half adjusted operating profit declined by 30.3% compared to ...
2d
on MSN
UPS Ordered to Pay $45 Million for Overvaluing Freight Business
The Securities and Exchange Commission said UPS didn’t properly record goodwill impairment related to its freight business, which was sold in 2021, because it had overvalued the unit.
8h
on MSN
Ipswich 1-1 Manchester United: Ups and downs in Amorim’s debut
Omari Hutchinson's remarkable late first-half goal helps Ipswich Town to a point at Portman Road versus Manchester United in ...
1d
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 ...
8h
How UPS navigates winter weather challenges during busy holiday season
Jarret Janako, a UPS Store owner in Philadelphia, joins FOX Weather to discuss how winter weather plays a key role in ...
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