restatement

WeWork to Restate Due to Accounting Error
Financial Reporting

WeWork to Restate Due to Accounting Error

The error relates to the classification of shares that were issued when WeWork's SPAC acquirer went public.
By Matthew Heller | December 2, 2021
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Tandy Leather Fined for Faulty Inventory Tracking
Regulation

Tandy Leather Fined for Faulty Inventory Tracking

The SEC says the limitations in Tandy's tracking system resulted in inaccurate information being included in its financial statements going back to 2016.
By Matthew Heller | July 21, 2021
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Hamilton Beach to Restate Two Years of Results
Risk & Compliance

Hamilton Beach to Restate Two Years of Results

The home appliance firm said employees of its Mexican unit engaged in unauthorized transactions that resulted in recording of unrealizable assets.
By Matthew Heller | June 12, 2020
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Kraft Heinz to Restate Results for Nearly 3 Years
Financial Reporting

Kraft Heinz to Restate Results for Nearly 3 Years

The company says employee misconduct resulted in the cost of products sold being understated by $181 million.
By Matthew Heller | May 6, 2019
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KushCo Loss to Double With Earnings Correction
Growth Companies

KushCo Loss to Double With Earnings Correction

The pot-packaging company says accounting errors related to recent acquisitions caused it to misstate financial results.
By Matthew Heller | April 10, 2019
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MoviePass Owner Says Q3 Revenue Overstated
Revenue Recognition

MoviePass Owner Says Q3 Revenue Overstated

Helios & Matheson Analytics incorrectly recognized $6.6 million in revenue from MoviePass, bringing its third-quarter loss to $146.7 million.
By Matthew Heller | March 12, 2019
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Molson Coors Restates Tax Liabilities by $247M
Financial Performance

Molson Coors Restates Tax Liabilities by $247M

The restatement of results for 2016 and 2017 is "one more headache for [Molson] as it struggles to right sales in the challenging U.S. market."
By Matthew Heller | February 12, 2019
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MiMedx Announces Restatement, Replaces CFO
People

MiMedx Announces Restatement, Replaces CFO

The biotech firm's stock falls 23% but its CEO says, "It is important that investors understand that our business performance remains strong."
By Matthew Heller | June 7, 2018
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WageWorks to Restate Results, CFO Resigns
Revenue Recognition

WageWorks to Restate Results, CFO Resigns

The benefits company's internal investigation found “a material weakness in its internal control over financial reporting."
By Matthew Heller | April 6, 2018
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Hain Completes Audit of Revenue Woes
Revenue Recognition

Hain Completes Audit of Revenue Woes

The natural products maker reported that it did not have to make material changes to its previously reported financial statements.
By William Sprouse | June 22, 2017
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