Search results
Results From The WOW.Com Content Network
In early 2000, after increase in size of the business, it was determined that the insurance company's solvency was marginal, and a small asset price change could see the insurance company become insolvent. It did. Director Rodney Adler, CEO Ray Williams and others were sentenced to prison for fraudulent activity. Pacific Gas & Electric Company
While companies attempt to put on a friendly face to entice customers, things are often different behind the scenes as evidenced by 11 companies that caught lying to the public or deceived customers.
Opportunities: Although the financial statements of all companies are potentially subject to manipulation, the risk is greater for companies in industries where significant judgments and accounting estimates are involved. Turnover in accounting personnel or other deficiencies in accounting and information processes can create an opportunity for ...
Ridesharing companies are regulated in many jurisdictions and the Uber platform is not available in several countries where the company is not able or willing to comply with local regulations. Other controversies involving Uber include various unethical practices such as aggressive lobbying and ignoring and evading local regulations.
Big banks and bank stocks, like Citigroup, don't always conjure up the most warn-and-fuzzy feelings for investors, but does that mean people shouldn't own them? In this segment of The Motley Fool ...
Unfair business practices (also Unfair Commercial Practices) describes a set of practices by businesses which are considered unfair, and which may be unlawful. It includes practices which are covered by other areas of law, such as fraud , misrepresentation , and oppressive or unconscionable contract terms.
The Consumer Financial Protection Bureau left very little unsaid when it announced, a few days before Christmas, $3.7 billion in assessments against Wells Fargo Bank for more than a decade of ...
Ethics violations, safety issues, security issues, a lack of sustainability, poor quality, and lack of or unethical innovation can all cause reputational damage if they become known. [ 2 ] Reputational damage can result from an adverse or potentially criminal event, regardless of whether the company is directly responsible for said event (as ...