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UPS to Pay $45 Million SEC Penalty Over Improper Valuation

By Yahoo! Finance   |   1 year ago
UPS to Pay $45 Million SEC Penalty Over Improper Valuation

United Parcel Service Inc. has agreed to a $45 million settlement with the SEC over alleged misrepresentation of its financial results, particularly in valuing its freight business. UPS did not admit or deny the findings but agreed to avoid future violations.

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