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SEC Hits UPS with $45M Fine for Material Misstatements
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Senior Member
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Jan 2023
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SEC Hits UPS with $45M Fine for Material Misstatements
11-27-2024, 01:23 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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