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This isn’t the first time G.E. has dealt with questions about its accounting. In 2009, the corporate settled civil fraud and accounting prices with the S.E.C. for using improper methods to steadily improve its reported earnings to satisfy or exceed the consensus earnings estimates of analysts and avoid any unfavorable results. G.E. agreed to pay a $50 million penalty as a part of the settlement, a substantial price for smoothing out earnings to stay in the good graces of buyers.
Wise McGrath’s business intelligence services are delivered to a wide range of shoppers, throughout diverse markets. The results of our private investigations of your debtor’s assets and activities will be invaluable in selecting probably the most applicable recovery course of to pursue and assessing the prospects of … Read More