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Management at the Brazilian retailer told auditor PwC and its audit committee there were no supply-chain financing ops, but gave securities regulators conflicting information.
March 24 -
Public interest petitions had sought the court's intervention after reports alleged accounting fraud and stock manipulation by the conglomerate.
March 2 -
Markus Braun insisted he acted properly when he told markets two months before the company's spectacular demise that a KPMG probe found no wrongdoing — even though the auditor didn't have access to the documents it needed.
February 16 -
In his first public comments about his involvement in an episode that wiped out billions of euros in shareholder value, Braun spoke of a "day of shock and pain."
February 14 -
The Indian billionaire seeks to rebuild investor confidence in the wake of a bruising short-seller attack accusing his companies of accounting fraud.
February 13 -
Billionaire Gautam Adani's companies have suffered a stock meltdown in recent weeks after U.S. short-seller Hindenburg Research accused the conglomerate of manipulation and accounting fraud.
February 9 -
The $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn't catch it at Americanas SA.
February 7 -
Crowe U.K. replaced the Big Four firm as the auditor of U.K. entities including Adani Energy Holdings after the Indian firm bought them in 2021.
February 6 -
A short-seller accused the the company of "brazen" market manipulation and accounting fraud.
February 2 -
Hindenburg Research had published a 100-page report alleging that its two-year investigation found "brazen stock manipulation and accounting fraud."
January 30