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. The SEC said UPS misrepresented "its earnings because it failed to follow generally accepted accounting principles (GAAP) in valuing one of its worst performing businesses.
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.
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UPS: A Bullish Outlook Amidst Strong Recovery
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Are Wall Street Analysts Predicting United Parcel Service Stock Will Climb or Sink?
Atlanta, Georgia-based United Parcel Service, Inc. (UPS) is a major player in package delivery and supply chain management services. Valued at a market cap of $112.7 billion, the company offers a ...
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Judge reduces UPS driver's $237.6 million bias verdict to $39.6 million
A federal judge reduced a $237.6 million jury award against United Parcel Service to $39.6 million in the case of a Black ...
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United Parcel Service Inc Class B
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UPS United Parcel Service, Inc.
View United Parcel Service, Inc. (UPS) current and estimated P/E ratio data provided by Seeking Alpha.
Capital Performance Advisors LLP Buys New Holdings in United Parcel Service, Inc. (NYSE:UPS)
Capital Performance Advisors LLP bought a new stake in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) during ...
UPS Sued for Racial Discrimination by Black Ex-Vice President
United Parcel Service Inc. was hit with a federal lawsuit Monday by a former Black vice president who claims the logistics service company promoted a less qualified white woman to the same vice ...