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 ...
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, ...
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 ...
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 ...
Transport Topics1d
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 ...
Finance News Network1d
UPS delivers $45m surprise: Accounting package gets returned to sender
Nov 2024 - UPS (NYSE: UPS) has agreed to pay US$45m to settle allegations by the US Securities and Exchange Commission (SEC) ...
Benzinga.com1d
Financial Crime Weekly: UPS Pays $45M Fine, BIT Mining Pays $4M Fine For Bribery
The SEC found that UPS did not record a goodwill impairment for its UPS Freight business division in 2019. If UPS had ...
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 ...
MarketWatch1d
Correction to UPS Freight Business Article
United Parcel Services was fined by the SEC for allegedly overvaluing its freight business. "UPS Ordered To Pay $45M For Overvaluing Freight Business," at 9:31 a.m. ET, incorrectly said the company ...