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UPS To Pay SEC $45M For Improperly Valuing Freight Biz

By Katryna Perera ( November 22, 2024, 12:53 PM EST) -- UPS has agreed to pay a $45 million civil penalty to resolve U.S. Securities and Exchange Commission claims that the shipping giant improperly valued one of its business units and misrepresented its earnings after failing to follow generally accepted accounting principles....

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