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Ex-Barrett Business Services CFO faces accounting fraud charges as company pays $1.5M fine

The Securities and Exchange Commission has charged a former CFO with accounting fraud, to the tune of tens of millions of dollars, and fined the company $1.5 million. James D. Miller had a role in a scheme involving BBSI’s workers’ compensation.....»»

Category: topSource: bizjournalsSep 20th, 2018

Barrett Business Services, ex-CFO settle accounting fraud charges: SEC

The U.S. Securities and Exchange Commission said on Thursday that Barrett Business Services Inc and the company's former chief financial officer have agreed to settle charges of accounting fraud involving workers' compensation expenses......»»

Category: topSource: reutersSep 20th, 2018

Barrett Business Services settles accounting fraud charges: SEC

The U.S. Securities and Exchange Commission said on Thursday that Barrett Business Services Inc and the company's former controller, Mark Cannon, have agreed to settle civil charges of accounting fraud involving workers' compensation......»»

Category: topSource: reutersSep 20th, 2018

Freight Services Company Owner Faces Fraud Charges

The owner of.....»»

Category: blogSource: benzingaJan 8th, 2020

Former CFO hit with criminal, civil charges for underreporting expenses

The former chief financial officer of Barrett Business Services Inc. was indicted in connection with his false certifications of the company's periodic filings with the U.S. Securities and Exchange Commission, according to the U.S. Attorneyâ€.....»»

Category: topSource: marketwatchSep 20th, 2018

Recap: Barrett Business Services Q4 Earnings

Shares of Barrett Business Services (NASDAQ:BBSI) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 38.41% over the past year to $0.93, which beat .....»»

Category: earningsSource: benzingaMar 3rd, 2021

Company says St. Pete man helped to defraud them out of $3.8M worth of N95 masks

A local man is among the defendants accused of defrauding a Georgia company out of $3.8 million worth of N95 masks and faces several charges, including federal RICO for wire fraud......»»

Category: topSource: bizjournalsDec 30th, 2020

Athene pays $45 million fine in first settlement of New York pension transfer probe

Athene Holding Ltd agreed on Monday to pay a $45 million civil fine to settle charges it conducted insurance business in New York without a license, the first settlement in a probe into an industry where life insurers take over corporate pension plans......»»

Category: topSource: reutersApr 13th, 2020

Uber faces UK tax challenge

Uber Technologies Inc says the UK is seeking to classify the company as a transportation provider, potentially opening it up to new tax charges that could weigh heavily on its business, according to UK accounts filings in recent days......»»

Category: topSource: reutersOct 11th, 2019

Firm That Saw Stock Boost After Crypto ‘Pivot’ Hit With New SEC Charges

The SEC filed fresh fraud charges against Longfin Corp. on Wednesday, alleging the company falsified its accounting. Longfin's stock price jumped after it announced a crypto pivot in 2017......»»

Category: forexSource: coindeskJun 5th, 2019

Accounting firm Briggs & Veselka buys another Austin company — its third since January 2018

Briggs & Veselka Co., a Houston-based accounting firm, is growing in Austin, with both an an acquisition and an office expansion. Briggs & Veselka said May 8 it had acquired Austin-based Financial Valuation Services, a business valuation and financial c.....»»

Category: topSource: bizjournalsMay 13th, 2019

SEC settles charges with Apple iPhone vendor over accounting fraud

The Securities and Exchange Commission settled charges with an Apple Inc. vendor, the New Hampshire-based company GT Advanced Technologies Inc., and its former CEO for misleading investors about the company's ability to supply "sapphire glass" for Apple'.....»»

Category: topSource: marketwatchMay 3rd, 2019

US colleges halt work with Huawei following federal charges

Colleges in the U.S. are cutting ties with Chinese tech giant Huawei (WAH'-way) as the company faces allegations of bank fraud and trade secret theft......»»

Category: topSource: foxnewsApr 4th, 2019

The mysterious story of former Theranos president Sunny Balwani, who former employees saw as an "enforcer" and now faces criminal charges of wire fraud

Shayanne Gal/Business Insider The Department of Justice ju.....»»

Category: topSource: businessinsiderJun 15th, 2018

Two Former Roadrunner Executives Charged Over Accounting

Federal prosecutors filed charges in an indictment unsealed Friday against two former executives at trucking company Roadrunner Transportation Systems for their alleged role in a complex accounting and securities fraud scheme......»»

Category: smallbizSource: wsjJun 15th, 2018

Called to Account: Alibaba turns money-loser Koubei into a winner with slick accounting

Alibaba said it has reorganized its investment in money-losing local services platform business Koubei, combining it with recently acquired online food-delivery company Ele.me with some fancy accounting that turns a loss maker into earnings gold......»»

Category: topSource: marketwatchAug 27th, 2018

SEC settled charges telecom service company executives with accounting fraud

The Securities and Exchange Commission charged Tangoe Inc., formerly a public telecommunications expense management company, and four of its executives for allegedly using fraudulent accounti.....»»

Category: topSource: marketwatchSep 4th, 2018

Sanofi Pays $25 Million to Settle Bribery Charges

French pharmaceutical company Sanofi agreed to pay $25.2 million to resolve Securities and Exchange Commission allegations that its subsidiaries made bribery payments to win business......»»

Category: smallbizSource: wsjSep 5th, 2018

Theranos is shutting down for good

Theranos, the Silicon Valley startup whose founder faces fraud charges, is preparing to wind down its business, according to reports......»»

Category: topSource: cnnSep 5th, 2018

Silicon Valley startup Theranos is shutting down for good

Theranos, the Silicon Valley startup whose founder faces fraud charges, is preparing to wind down its business, according to reports......»»

Category: topSource: cnnSep 5th, 2018

Elon Musk settles with SEC, will remain Tesla CEO but resign as chairman

Elon Musk to step down as Tesla chairman and he and the company will pay a combined fine of $40 million to settle fraud charges......»»

Category: topSource: marketwatchSep 29th, 2018