The company reports a 23% second-quarter decline in its volume or orders, causing its share price to plummet.
An SEC investigation found the company failed to disclose around $3 million in perks provided to former CEO Andrew Liveris.
The SEC says the construction giant misled investors by including $459 million in publicly disclosed backlog for a Canadian project.
Edward DiMaria will be sentenced in September for using "cushion" accounting to inflate Bankrate's reported revenue and earnings.
Amendments to the SRC rules will allow about 1,000 additional companies to qualify for scaled-down disclosure requirements.
The firm admitted its audits of scandal-plagued Quindell plc fell “significantly short” of professional standards.
The biotech firm's stock falls 23% but its CEO says, "It is important that investors understand that our business performance remains strong."
Contradicting prior research, a new report finds that increased performance-based compensation for CFOs actually steers them away from earnings…
Earnings management tends to occur not when a company is getting little or a lot of attention, but rather when it's in the middle of those extremes.