UPS is paying a steep fine to the SEC for how it valued UPS Freight before it was sold to TFI. The post UPS hit with SEC fine ...

UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the ...

The world's largest courier service, UPS, will pay $45 million in fines after settling claims one of its units misrepresented ...

The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 ...

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty ...

I found 507 firms with goodwill and intangible assets more than $1 billion on their balance sheets and market to book ratios ...

United Parcel Service Inc. will pay $45 million to settle charges that it improperly valued its freight division, the ...

According to the SEC’s order, UPS determined in 2019 that UPS Freight, a business unit that transported less-than-truckload shipments, was likely to sell for no more than about $650 ...

The SEC alleges UPS misrepresented its earnings because of improper valuation of its UPS Freight unit, which it agreed to sell in 2021. The SEC said it found UPS violated accounting and disclosure ...

The company scooped up UPS' LTL business, UPS Freight, for $800 million in 2021 and rebranded the unit to TForce Freight. TFI had invested about $100 million in mergers and acquisitions (M&A ...