SEC Hits UPS with $45M Fine for Material Misstatements - Forum by Three Retired Teamsters

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SEC Hits UPS with $45M Fine for Material Misstatements

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Join Date: Jan 2023

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SEC Hits UPS with $45M Fine for Material Misstatements

11-27-2024, 12:23 PM

SEC hits UPS with $45M fine for material misstatements

https://www.cfodive.com

The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 for $800 million, the SEC said.
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