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The South African-Dutch-German retailer may soon release a revised proposal to resolve more than $8 billion of legal claims after a previous deal recently fell through.
July 8 -
The commission said the sports apparel company booked revenues earlier than it should have because it was at risk of missing analyst estimates.
May 4 -
A former audit partner is facing disciplinary action in the Netherlands for an improper audit prior to the South African retailer’s near collapse more than three years ago.
April 23 -
John Hanson, managing director of BDO's Forensic Investigation and Litigation Services practice, discusses the tell-tale signs to look out for in businesses during the pandemic.
April 19 -
The disgraced Chinese coffee chain replaced its auditor and said it secured $250 million in funds from a pair of private equity firms.
April 15 -
Initial enthusiasm for change inspired by the country’s biggest postwar accounting scandal is waning in the face of political opposition.
March 24 -
An Ernst & Young partner said his firm fell victim to “criminals,” rejecting allegations EY didn’t do enough to uncover wrongdoing at the now-defunct payment processor.
March 23 -
Most of the insurers that provided the company with director-liability policies have agreed to pay as much as $93 million toward settlements resulting from a 2017 accounting crisis.
March 23 -
Top executives at companies hit by accounting scandals could lose their bonuses under U.K. proposals for beefed-up regulation after a wave of corporate collapses including Carillion Plc and travel firm Thomas Cook Group Plc.
March 18 -
Embattled Chinese coffee chain Luckin Coffee Inc. filed for Chapter 15 bankruptcy in New York, less than a year after the company said that more than a quarter’s worth of business may have been faked.
February 8