The Securities and Exchange Commission today charged Brixmor Property Group Inc., a publicly-traded real estate investment trust, and four former senior executives with fraud in connection with a scheme to manipulate a key non-GAAP metric relied on by analysts and investors to evaluate the company’s financial performance.
The Securities and Exchange Commission today charged the former chief executive officer of a Chicago-area engine manufacturing company and two former senior sales executives for their roles in an accounting fraud that allegedly overstated the publicly-traded company’s revenues by almost $25 million.
The Securities and Exchange Commission today charged Indianapolis-based Celadon Group Inc. with an accounting fraud that allowed the truckload freight company to avoid disclosing substantial losses and misrepresent its financial condition.
The Securities and Exchange Commission today charged the former CFO and two former employees of a publicly traded transportation company with accounting fraud for manipulating the company’s financial results in order to meet earnings targets and projections.
Shamoil T. Shipchandler, Regional Director of the SEC’s Fort Worth Regional Office, Has Left the Agency
The Securities and Exchange Commission today announced that Shamoil T. Shipchandler, Director of the Fort Worth Regional Office, left the agency on Friday, January 25.
Another indictment was handed down in a burgeoning accounting fraud which harkens back to Enron. Edward DiMaria is the former Chief Financial Officer at Bankrate Inc. He is charged “in …
The Congressional Budget Office (CBO) gave a thumbs up to the mortgage Credit Risk Transfer market. The primary function of the CBO is to “score bills”, a process by which …