UPS, SEC

UPS to pay $45M to US settle charges that it improperly valued its freight division
UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday. The regulator agency said that UPS materially misrepresented its earnings because it failed to follow generally accepted accounting principles in valuing its freight unit.
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 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 $45 Million SEC Penalty Over Improper Valuation
United Parcel Service Inc. will pay $45 million to settle claims by the US Securities and Exchange Commission that the courier misrepresented its financial results by improperly valuing its freight business.
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.
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 ...
Benzinga.com13h
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 ...
UPS hit with SEC fine over its internal valuation of UPS Freight before TFI sale
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 ...
Law1d
UPS Agrees to $45M Settlement With SEC Over Valuation Claim
United Parcel Service will pay $45 million under a settlement the delivery company has reached with the U.S. Securities and ...
Joel Klatt 'Absolutely' Thinks Big Ten, SEC Runner-Ups Make College Football Playoff
Joel Klatt thinks making major conference championship games should be enough for Big Ten and SEC programs to make the ...
Appaloosa exited Boeing and UPS during Q3, added Vistra and NRG
David Tepper’s Appaloosa Management disclosed last night in an SEC filing its holdings as of September 30, 2024. The fund exited Boeing ...
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, ...