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Under Armour’s $9 million settlement with the Securities and Exchange Commission on Monday draws to light the issue of disclosures around the practice of so-called “pull forward” reporting ...
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The 2017–18 NCAA Division I men's basketball corruption scandal was a corruption scandal, initially involving sportswear manufacturer Adidas as well as several college basketball programs associated with the brand [1] [2] [3] but now involving many programs not affiliated with Adidas.
Shares of Under Armour (NYSE: UA) slumped 9.6% on Tuesday as of 12:17 p.m. ET. ... While the company's generally accepted accounting principles losses per share are set to increase, ...
Under Armour also had released a product with scent control technology in 2012 titled, "Under Armour Scent Control". This line claims to be designed so that the wearer's scent cannot be detected. [45] Under Armour developed a new type of shirt called "Coldblack", which is designed to reflect heat and keep athletes cool in the sun. [46]
Peregrine Systems [8] [10] corporate executives convicted of accounting fraud; Phar-Mor [8] company lied to shareholders. CEO was eventually sentenced to prison for fraud and the company eventually became bankrupt; Qwest Communications [10] RadioShack CEO David Edmondson lied about attaining a B.A. degree from Pacific Coast Baptist College in ...
A month earlier, the company's internal auditors discovered over $3.8 billion in illicit accounting entries intended to mask WorldCom's dwindling earnings, which was by itself more than the accounting fraud uncovered at Enron less than a year earlier. [109] Ultimately, WorldCom admitted to inflating its assets by $11 billion. [110]
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