The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty ...
The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 ...
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 ...
I found 507 firms with goodwill and intangible assets more than $1 billion on their balance sheets and market to book ratios ...
The world's largest courier service, UPS, will pay $45 million in fines after settling claims one of its units misrepresented ...
United Parcel Service will pay $45 million under a settlement the delivery company has reached with the U.S. Securities and ...
United Parcel Service Inc. will pay $45 million to settle charges that it improperly valued its freight division, the ...
The United Parcel Service will pay up to a $45 million penalty for improperly valuing a business unit, the U.S. Securities ...
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 ...
UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the ...
Amid branch closings across the nation, a UPS facility in Oklahoma faces mass layoffs. Over 300 Oklahoma workers will lose ...
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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 ...