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.
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.
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.
KushCo Loss to Double With Earnings Correction
The pot-packaging company says accounting errors related to recent acquisitions caused it to misstate financial results.
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.
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."
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."
WageWorks to Restate Results, CFO Resigns
The benefits company's internal investigation found “a material weakness in its internal control over financial reporting."
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.