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.
SEC fines UPS $45 million, saying it improperly valued freight business
UPS has agreed to pay $45 million to settle a complaint with the U.S. Securities and Exchange Commission, which alleges the Sandy Springs-based shipper improperly valued one of its businesses.
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 carrier improperly valued its freight business in financial results reporting.
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.
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UPS announces plans to close Commerce City, Colorado facility as Teamsters head meets with top Republicans
UPS has announced that it will be closing its Commerce City, Colorado facility on January 15 of next year, laying off 404 ...
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 ...
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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 ...
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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 ...
Burglar impersonates Irvine homeowner to steal laptop from UPS driver
With the holiday season quickly approaching, police warned residents to be wary of porch pirates after a brazen theft in ...
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 ...
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 ...
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 ...