Super Micro Computer says Ernst & Young resigns as auditor, shares tank
The company in late August delayed the filing of its annual report, citing a need to assess "its internal controls over financial reporting", after Hindenburg Research disclosed a short position and made claims of "accounting manipulation".
Ernst & Young has fired a group of U.S.-based employees ... was overly harsh as they did not realize they were breaking company policies by signing up for several classes at once.
Shares of Supermicro (SMCI) are sharply lower in pre-market trading after it was disclosed in a regulatory filing that on October 24, Ernst ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...
Super Micro Computer (SMCI) saw its shares plunge over 30% after announcing that Ernst & Young (EY) had resigned as its auditor, deepening investor concerns around the company’s accounting ...
EY launched its customized generative AI platform a year ago — at a cost of $1.4 billion — and the technology is already being used by 96% of its employees.
The company terminated employees last week after an investigation found some staffers had joined more than one online training class at a time during “EY Ignite Learning Week” in May ...
A Nov. 8 court date has been set to approve a superior offer for Leon equipment, and identified a proposal from Joiner Sales Corp. as the superior offer. Joiner said it would conduct a public online ...
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