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4 mentions found


☆ The accountant shortage is so bad that it's delaying key reports at companies like Tupperware
  + stars: | 2024-04-01 | by ( Shubhangi Goel | ) www.businessinsider.com   time to read: +4 min
Read previewThe accountant shortage is so bad that companies are delaying filing key mandatory reports. On Friday, Tupperware said it didn't have enough accountants to get its annual report out on time. The storage container manufacturer is the latest on a growing list of companies that have delayed their annual reports for a host of reasons. About 70 companies have postponed annual reports this year, up 40% from last year, research company Intelligize tallied last month. Tupperware added that previous delays in filing its 2022 annual report led to postponement of its quarterly reports, which subsequently pushed back work on its 2023 annual report.
Persons: —, Tupperware, Intelligize, Steven Kachelmeier, Fitness Organizations: Service, Business, LinkedIn, PricewaterhouseCoopers, American Institute of Certified Public Accountants, US Bureau of Labor Statistics, Accountants, University of Texas, Mattel, Securities, Exchanges Locations: Orlando, Poland, American
☆ BlackRock to pay $2.5 mln fine to settle SEC disclosure charges
  + stars: | 2023-10-24 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com   time to read: +1 min
A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2022. From 2015 to 2019, one of BlackRock's trusts made investments in Aviron Group LLC, a firm that developed advertising plans for films, the SEC said. BlackRock inaccurately described the firm to investors, regulators said. In 2019, the asset manager identified the inaccuracies and accurately described the investments from them, the SEC said. Representatives for BlackRock, which consented to the SEC's findings, did not respond immediately to requests for comment.
Persons: Brendan McDermid, BlackRock, Katharine Jackson, Costas Pitas, Chris Prentice, Jasper Ward, Jonathan Oatis Organizations: BlackRock, New York Stock Exchange, REUTERS, U.S . Securities, Exchanges, Aviron, SEC, Thomson Locations: New York City, U.S, Washington
☆ Albemarle to pay more than $218 mln to settle bribery probe, U.S. says
  + stars: | 2023-09-29 | by ( ) www.reuters.com   time to read: +2 min
A sacks of lithium carbonate is seen at Albemarle Lithium production facility in Silver Peak, Nevada, U.S. October 6, 2022. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsCompanies Albemarle Corp FollowWASHINGTON, Sept 29 (Reuters) - Albemarle Corp will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials in multiple foreign countries, the Department of Justice said on Friday. It also agreed to continue to cooperate with the Justice Department "in any ongoing or future criminal investigations relating to this conduct," it added. Albemarle entered into a three-year non-prosecution agreement as part of the settlement, and the Justice Department agreed to credit part of the forfeiture to pay the Securities and Exchanges Commission (SEC). Albemarle also agreed to cease and desist from any future violations as part of the settlement, the SEC added.
Persons: Carlos Barria, Attorney Dena King, Albemarle, Susan Heavey, Mark Potter Organizations: REUTERS, Companies, Corp, WASHINGTON, Albemarle Corp, Department of Justice, Justice Department, U.S, Attorney, Western, of, Securities, Exchanges Commission, SEC, Thomson Locations: Albemarle, Silver, , Nevada, U.S, Vietnam, Indonesia, India, of North Carolina
☆ The CEO of a New York-based company providing services to migrants was found to have falsely claimed that he held a degree in AI
  + stars: | 2023-09-18 | by ( Sawdah Bhaimiya | ) www.businessinsider.com   time to read: +3 min
Anthony Capone, CEO of DocGo, falsely claimed to have a degree in artificial intelligence in his company profile. Clarkson University confirmed to Insider that there is no record of the CEO earning a degree there. Capone acknowledged that his profile contained false information in a statement to the Times Union on Thursday. Specifically, it has come to my attention that my public biography erroneously states that I hold a bachelor's degree from Clarkson University. "I must clarify immediately: I do not have a master's degree from Clarkson University nor from any other institution.
Persons: Anthony Capone, DocGo, Capone, —, Anthony Alexander Capone Organizations: Clarkson University, Service, Times Union, Securities, Exchanges Commission, NYC, New York Times, New, Times, State University of New, Potsdam Locations: Wall, Silicon, NYC, New York, New York City, State University of New York, Potsdam
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