Your English writing platform
Discover LudwigExact(1)
The SEC investigation involving allegations that Bristol convinced drug wholesalers to buy more pharmaceuticals than they needed last year, depressing this year's sales could lead to restated earnings.
Similar(59)
The transactions led A.I.G. to restate its financial statements for the years 2001 to 2004.
The Zale Corporation, the jewelry retailer, said Friday that the Securities and Exchange Commission was investigating accounting issues that led it to restate 2008 and 2009 earnings, sending its shares down 26percentt.
Freddie Mac, the mortgage financer, agreed yesterday to pay $410 million in cash to settle a shareholder lawsuit over accounting mistakes that led it to restate three years of earnings.
The Xerox Corporation reported an adjusted first-quarter loss yesterday, trimming its original figure by using accounting methods that had led it to restate more than $6 billion in revenue from 1997 to 2001.
The reconsolidation of the partnerships with Enron ultimately led Enron to restate its earnings–and to its bankruptcy.
Accounting improprieties beginning in 2000 led Freddie Mac to restate by $5 billion its financial results for that year, 2001 and the first three quarters of 2002.
Prosecutors say that most of the charges are related to the accounting irregularities that led Rite Aid to restate its 1998 and 1999 earnings by about $1.6 billion, a record at the time.
The moves come as Groupon faces ongoing scrutiny in the U.S. over their accounting practices, which led the company to restate their fourth-quarter results, with net income some $22 million less than originally reported.
Lewis inherited the acquisition of these family-focused cafe brands from the same management team whose stewardship led to Tesco having to restate its finances, submit to a serious fraud inquiry and report a giant loss.
A review of Nicor Energy, the energy-marketing joint venture, led the company on Aug. 14 to restate first-half net income.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com