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Internal Controls › Valuation › Corporate Governance

Vinson & Elkins LLP

Freight Accounting Fumble Leads to SEC Fine: UPS Penalized for Not Booking Known Impairment to Goodwill

Vinson & Elkins LLP on

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty for materially misrepresenting its earnings by improperly valuing its UPS Freight...more

Proskauer - The Capital Commitment

Unicorns Under Scrutiny: The SEC Previews Its “Long Arm” Of The Law

Proskauer - The Capital Commitment on

As we previously discussed, SEC Chair Mary Jo White recently delivered the keynote address at the Silicon Valley Initiative hosted by the SEC-Rock Center for Corporate Governance at Stanford University. While the speech and...more

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