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SEC, UPS

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.

Reuters · 1d

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.

Transport Topics · 1d

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.

Business Insider · 1d

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

Stocktwits on MSN · 1d

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.

Irvine, UPS

Orange County Register on MSN · 3h

Porch pirate poses as Irvine resident to steal Apple laptop as UPS delivers it, police say

The man shows the UPS driver a driver’s license, signs for the package – which contains an Apple MacBook Pro – and then gets into a gray sedan with no license plates and takes off. Video from a Ring doorbell camera on Nov.

ABC7 on MSN · 14h

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.

CBS Los Angeles on MSN · 1d

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 front of an Irvine home. A security camera captured the suspect in a white shirt pacing up and down the sidewalk,

6hon 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 ...

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 ...

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 ...

Atlanta Black Star News on MSN1d

‘Move Faster, Boy!’: Federal Judge Slashes $238M Jury Award to $39M for Black UPS Driver Whose Manager Barked Orders, Called Him a Racist Term. Now UPS Fights t…

A federal judge has weighed in on the $238 million jury verdict won by a former Black United Parcel Service (UPS) worker in ...

UPS in Denver to temporarily lay off more than 400 workers

UPS intends to lay off 404 workers at a Commerce City facility, at least temporarily, on Jan. 15, 2025, according to a letter ...

1don 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, ...

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 ...

1hon MSN

$64,000 heist spree: Thieves target UPS and FedEx trucks in NYC, loot Gucci and Apple items

A string of robberies targeting UPS and FedEx delivery vehicles plagued New York City, spanning from April to November. A ...

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