Tag #Accounting Scandal

Showing 1 to 5 of 5 results

theguardian.com
🌐 85% Global Worthiness
News related image

FRC Investigates EY's Role in Post Office Horizon Scandal

The UK's Financial Reporting Council (FRC) is investigating EY's audits of the Post Office's accounts between 1999 and 2018, focusing on the role of the Horizon IT system in the wrongful convictions of over 900 post office workers, following a public inquiry that concluded in December 2023 and cost ...

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
nrc.nl
🌐 75% Global Worthiness
News related image

Karel Vuursteen, Former Heineken CEO, Dies at 83

Karel Vuursteen, former CEO of Heineken, died on Monday at age 83; his 1993-2002 leadership was marked by international expansion, clashes with shareholders prioritizing short-term gains, and later, involvement in a price-fixing scandal.

Progress

36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 % Global Worthiness
News related image

Super Micro's Financial Troubles Deepen

Super Micro faces potential delisting after reporting weak quarterly results and the resignation of its auditor amid accusations of accounting irregularities.

Progress

0% Bias Score

cnbc.com
🌐 75% Global Worthiness
News related image

Super Micro Stock Soars Despite Facing DOJ Probe, Delayed Financials

Super Micro Computer, a server maker benefiting from surging AI demand, saw its stock price jump 59% in five days before its earnings report, despite facing a DOJ investigation, delayed financials, and an auditor resignation, with analysts expressing significant uncertainty.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
News related image

Super Micro Removed from Nasdaq 100 After Market Cap Plunge

Super Micro Computer, whose market cap plummeted from over \$70 billion to approximately \$20 billion, is being removed from the Nasdaq 100 index on December 23, 2024, following accounting concerns, auditor resignations, and delayed financial reports.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 1 to 5 of 5 results