This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Shipping company Roadrunner Transportation to pay $9.6 million to settle US SEC accounting fraud charges

( February 16, 2023, 20:09 GMT | Official Statement) -- MLex Summary: Roadrunner Transportation, a shipping and logistics company, agreed to pay $9.6 million to settle US Securities and Exchange Commission charges that it engaged in a multi-year accounting fraud scheme. The Illinois-based company manipulated its financial reports to meet prior earnings guidance and analyst projections, hid incurred expenses, and concealed its fraud from the company’s auditor, resulting in a misstatement of financial results, the SEC alleged.Statement and document follow below:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections