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Tag Archives: U.S. Securities and Exchange Commission

Under Armour’s strong numbers drowned out by investigation

A strong quarter from Under Armour is being overshadowed by federal investigations into the company’s accounting practices. The probe, first reported by The Wall Street Journal, is seeking information that would reveal whether the sports gear maker shifted sales from ...

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Under Armour’s strong numbers drowned out by investigation

A strong quarter from Under Armour is being overshadowed by federal investigations into the company’s accounting practices. The probe, first reported by The Wall Street Journal, is seeking information that would reveal whether the sports gear maker shifted sales from ...

Read More »

U.S. wants cash, not confession

So routinely do people and firms resolve SEC cases “without admitting or denying” wrongdoing, as the agency’s boilerplate phrase goes, that even the guiltiest of fraudsters who confess in criminal court to the most audacious of crimes never come clean with the SEC, which has its own, civil cases to resolve.

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