Accounting fraud

The Securities and Exchange Commission has charged two former executives at the government contractor L3 Technologies with accounting-related violations.

The first step in any successful whistleblower claim for auditors and accountants is to determine eligibility.

The lawsuit alleges that the ‘notoriously greedy’ studio failed to report on the film’s profits.

The British grocery company agrees to a 214 million pound penalty to resolve regulatory probes.

The Public Company Accounting Oversight Board has sanctioned a former partner of PricewaterhouseCoopers Auditores Independentes in Brazil for audit failures involving Sara Lee Corporation.

The Securities and Exchange Commission has charged two former executives at iPayment, a Westlake Village, California-based credit card processing company, with overseeing a scheme to steal millions of dollars via bogus expense reimbursements, inflated invoices and various accounting maneuvers.

With as much as $3 billion on the line, Jon Corzine is trying again to explain away a spectacular blot on his business legacy.

Medbox founder agrees to disgorge $12M and banning

PricewaterhouseCoopers LLP is putting the blame on MF Global Holdings Ltd.’s former chairman Jon Corzine for the New York brokerage’s collapse in 2011.

Homex allegedly falsified sales of over 100,000 homes to inflate revenue for three years in a row.