Sentences with phrase «accounting irregularities»

But they are still down over 20 percent since Toshiba first disclosed cases of accounting irregularities in early April.

• During the due diligence phase of the acquisition, MRV became aware of accounting irregularities at Fiberxon that called into question the reliability of Fiberxon's historical financial statements, which were serious enough in nature to lead to the removal of the Chief Executive Officer and the Vice-President of Finance of Fiberxon in the first half of 2007.

In 2004, the SFO started an investigation into suspected accounting irregularities relating to BAE and a government to government deal struck in 1985: Britain signed the Al - Yamamah arms for oil deal with Saudi Arabia, the biggest ever UK export contract involving the sale of 120 Tornado fighter jets.

Fiberxon was a company so fraught with accounting irregularities that its own auditing firm resigned midway through the transaction process.

Steinhoff has also been under investigation for suspected accounting irregularities by the state prosecutor in Oldenburg, Germany, since 2015.

The Analysts Accounting Observer is a research service that informs investors and analysts about the impact of accounting issues, and their blog highlights SEC audits, tax filings, and other accounting irregularities that arise.

O'Sullivan noted the acquisition in December 2015 coincided with the finalizing of a record fine by Japanese regulators for accounting irregularities at Toshiba, indicating that corporate governance controls were extremely weak.

In February 2016, Boeing (BA) got crushed after regulators announced they would be looking into possible accounting irregularities.

The case, if it is brought, is likely to focus on accounting irregularities.

«The compliance bar for companies to go public is much higher than in previous years, so things like pending litigation and accounting irregularities need to be clean,» says David Zilberman, partner at venture capital firm Comcast Ventures.

Valeant is hardly the first company to mask accounting irregularities in fast - paced M&A.

It is unclear what accounting irregularities the company was referring to in its statement on Tuesday.

«The Supervisory Board of Steinhoff wishes to advise shareholders that new information has come to light today which relates to accounting irregularities requiring further investigation,» it said in a statement.

Beginning almost a year ago, when the news of Enron's accounting irregularities first broke, Morrison spoke to her Houston contacts almost weekly — even though the contract didn't expire until February 2002.

Tanaka did not dispute the findings, but said he had no intention of encouraging accounting irregularities.

«President Dilma Rousseff is trying to head off the opposition's efforts to impeach her over alleged accounting irregularities, which means she can not afford to alienate supporters in her Workers» Party by cutting spending or raising taxes.»

COMPARISON OF TRADITIONAL VS SELF PUBLISHING TRADITIONAL PUBLISHING Pros Cons Support Distribution Editing Bookstores Awards Reviews Agents Ebook Rights and RoyaltiesReporting and payments Smaller advance / print runs Limited time / shelf space Hinky contracts Possible Bankrupty Accounting irregularities Agents Hi, again.

We offer integrated teams of leading lawyers across multiple disciplines to advise clients on the full range of government enforcement, investigations and advisory matters, including those associated with anticorruption laws, anti-money laundering and antiterrorist financing laws, insider trading and accounting irregularities matters related to financial fraud.

We implement reviews into corruption, money laundering and fraud risk, as well as accounting integrity and conduct, including accounting irregularities and professional disciplinary issues.

«Investor Nicholas Schorsch is stepping back from two of the last publicly traded companies where he held leadership posts as disclosures of accounting irregularities continue to reverberate through his real - estate empire.»

In June, Mortgage Observer reported that Nicholas Schorsch, American Realty Capital's chairman, resigned from the boards of the company after accounting irregularities were uncovered.

If RECA finds trust account irregularities, the responsible parties — typically the broker — will be under investigation.

WellCare offices were raided by the FBI in October of 2007 and the company was subsequently charged with accounting irregularities and fraud.

They had made alleged public interest disclosures of serious accounting irregularities.

Prevailed in motions to dismiss securities fraud and derivative claims against CEO of software company based on allegations of backdated stock options and other accounting irregularities.

On Feb 21, there was an article in Seeking Alpha claiming accounting irregularities at the company causing the stock to plunge to the $ 13 / share level.

representing individual employees and ex-employees in ongoing SFO investigations, following allegations of bribery and accounting irregularities at UK corporates;

Shares in Steinhoff International, the South African retail group that owns mattress chain Sleepy's, lost more than half their value Wednesday after its chief executive resigned and it postponed the publication of its full - year results due to suspected accounting irregularities.

Accounting irregularities in the past three years at both Fannie Mae and Freddie Mac leave little doubt about the need for change.

The switch by investors out of mortgage securities and into government securities following the announcement by Freddie Mac (the US's second largest mortgage finance provider) that several of its senior executives had left in the face of accounting irregularities, has caused the spread of US agency securities to US Treasuries to rise, from around 30 basis points to around 50 basis points.

Rather you would first catch wind of it because of an accounting irregularity or inventory that goes missing.

Wall Street analyst Jack Grubman testifies at a hearing of the House Financial Services Committee investigating nearly $ 4 billion in accounting irregularities.

Viceroy Research, the short seller whose targeting of Steinhoff led the South African furniture retailer to recently own up to accounting irregularities, has a new target in its sights: Capitec Bank Holdings.

Stewart said work had been done to improve the brand's image since 2014 when a accounting irregularities were revealed.

Japanese Finance Minister Taro Aso said earlier on Tuesday that the accounting irregularities at Toshiba were «very regrettable», coming at a time when Prime Minister Shinzo Abe is trying to regain global investors» confidence with better corporate governance guidelines.

U.S. - traded Chinese companies faced scrutiny after auditors for several quit and others were accused of accounting irregularities.

China's return to the DR market follows a long lull caused by accounting irregularities.

It was finally closed in June 2002 after three years of accounting irregularities, governance tiffs, and overreporting of enrollments.

I'm always biased to the underdog, and maybe my investment analysis is being unduely influenced by this tendency (OK for a sports fan but out - of - place in investing where I need to be looking for the straightest line between a and b), but it looks to me that the accounting irregularities, if any, aren't company threatening.

Kirkland & Ellis and Linklaters are advising on the restructuring of South African conglomerate Steinhoff International, which plunged into crisis last month after admitting to accounting irregularities.

BDO's Investigative and Forensic Accounting team provides strategic guidance to help clients solve pressing issues such as civil and criminal fraud, corruption, accounting irregularities, and compliance.

Nearly three years later, Tesco continues to deal with the consequences of the accounting irregularities.

A former chief trial attorney for the Division of Enforcement of the SEC, Neil has litigated dozens of cases involving allegations of financial fraud, fair value improprieties, market manipulation, insider trading, accounting irregularities and proxy violations.

Claro professionals have conducted hundreds of investigations in over 30 countries involving allegations of bribery and corruption, accounting irregularities, procurement fraud, third party fraud, collusion, alleged contractual breaches, asset misappropriation and various other alleged illegal acts.

Represented special committee of independent directors of public telecommunications company in investigation of allegations of improper vendor payments and accounting irregularities.

A closer look at the essence of the story reveals that the accounting irregularities did nothing to harm the clients» interests or erode the core values of the legal profession.