UPS will pay $45 million in fines with SEC settlement
Nov. 23 (UPI) --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. The SEC has now settled ...
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 $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 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.
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.
Benzinga.com11h
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 ...
Law1d
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 ...
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 ...
ABC 7 Los Angeles on MSN10h
Package thief poses as homeowner to steal laptop from UPS driver in Irvine
Police are asking for the public's help to identify a package thief after a security camera caught the brazen suspect posing as an Irvine homeowner to steal a laptop from a UPS driver.
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 ...
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 ...
Atlanta Journal-Constitution1d
UPS, Honey Baked ham plan months in advance for holiday meals
The sprawling UPS S.M.A.R.T Hub in Atlanta is akin to an industrial Santa’s workshop. As trucks arrive with deliveries, in lieu of elves, 18 miles of conveyor belt shuttle gifts, decorations and ...
FedEx and UPS Can Bid Goodbye to a Normal Peak Season
There are new app-based couriers that survived the downturn after the pandemic. These companies, including some established ...