A U.S. appeals court on Tuesday revived a lawsuit alleging HP Inc defrauded shareholders by secretly using unprofitable tactics to boost sales of its printing supplies in 2015 and 2016.
The SEC said HP did not timely disclose to investors how these practices, which occurred in 2015 and 2016, were reducing margins and boosting inventories at the Palo Alto, California-based technology company.Investors sued weeks after the SEC settlement, alleging HP and its top executives defrauded investors by hiding the impact of the practices until 2016.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Aspiring lawyer who plagiarised paper in 2016 cannot seek Bar admission for 4 monthsThe Chief Justice suggested that he take more time to reflect and take courses on ethics. Read more at straitstimes.com. 4months? Lol
Source: straits_times - 🏆 5. / 69 Read more »
SoftBank's Son to sign off on Arm's Nasdaq listing this week -FTTOKYO : SoftBank Group Corp Chief Executive Masayoshi Son will officially agree with Nasdaq this week to list British chip designer Arm Ltd, the Financial Times said on Tuesday, citing two unnamed people familiar with the situation. A spokesperson at SoftBank, which bought Arm for $32 billion in 2016,
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Apple supplier Japan Display teams up with China's HKC as it seeks turnaroundTOKYO :Japan Display Inc will team up with China's HKC Corporation Ltd to co-operate on next-generation technology for displays, it said on Monday, as the Apple Inc supplier looks to turn around its struggling business.News of the tie-up, coming against the backdrop of Washington's recent push to curb China's
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
May HDB BTO Bedok reviewAnother highly anticipated project in the May 2023 HDB BTO launch is the Bedok BTO, as it's been almost seven years since the last launch in the estate. In November 2016, HDB launched three projects here: Bedok Beacon, Bedok North Vale and Bedok South Horizon. What's more, this May 2023 Bedok BTO will offer 3Gen flats, which feature an additional...
Source: asiaonecom - 🏆 10. / 59 Read more »
Buffett says he holds 7.4% stake in five Japanese trading houses including Itochu -NikkeiTOKYO : Berkshire Hathaway Inc's Warren Buffett is considering additional investment in Japanese stocks and said he holds a 7.4 per cent stake in five Japanese trading houses, including Itochu Corp, the Nikkei reported on Tuesday.In an interview with the newspaper, Buffett also said he would visit Japanes Just buy bitcoin and be quiet 😂
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
South Korea fines Google $32 million for blocking release of games on competitor’s platformSEOUL : South Korea's antitrust regulator has fined Alphabet Inc's Google 42.1 billion won ($31.88 million) for blocking the release of mobile video games on a competitor's platform.The Korea Fair Trade Commission (KFTC) said on Tuesday that Google bolstered its market dominance, and hurt local app marke
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »