SEC Probing Krispy Kreme
Krispy Kreme Accounting And Business Deals. Krispy Kreme Doughnuts Inc. said yesterday that the Securities and Exchange Commission is investigating its accounting and some of its business deals, sending its stock tumbling by more than 15 percent. The second-largest U.S. doughnut chain said the probe concerned how it accounted for … [Read more...]
U.S. Attorney Probing Xerox Accounting
Xerox Accounting Practices. Xerox Corp. has been under federal criminal investigation since June for accounting practices that already have forced the company to restate $6.4 billion in revenue for the past five years and pay a $10 million fine to settle civil securities-fraud charges, the company says. Sources familiar with the … [Read more...]
