Accounting fraud

PricewaterhouseCoopers LLP’s epic screw-up at the Oscars could carry a high cost if jurors arrive at a malpractice trial next week suspecting the global accounting firm is error-prone.

Natural-food supplier that began a probe of its accounting practices last year, fell as much 15 percent after saying the U.S. Securities and Exchange Commission has opened a formal investigation into the matter.

Ex-American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg admitted to taking part in two deals to make the insurer’s financial condition look better than it was as part of a $9.9 million settlement with New York that has dragged out for almost a dozen years, the state’s top lawyer said.

Corrado Sciolla quits as the fallout from the British phone carrier’s Italian unit spreads.

Gavin Patterson sought to distance himself from an accounting scandal that’s rocked the U.K. phone company, pointing the blame squarely on a few rogue employees and removing the head of European operations.

Allegations of embezzlement at the telecommunications company’s Italian unit follow disclosure of a 530 million-pound writedown.

Seattle-based financial services company agrees to pay a $500,000 penalty to settle charges with the Securities and Exchange Commission that it improperly performed hedge accounting and later took steps to impede potential whistleblowers.

A medical device maker agrees to settles charges brought by the Securities and Exchange Commission that it improperly booked revenue and made improper payments to doctors at government-owned hospitals in Brazil to increase sales.

Kentucky-based wire and cable maker is resolving allegations by the SEC and the Justice Department that it violated internal control requirements and the Foreign Corrupt Practices Act.

In its annual report to Congress, the SEC acknowledged that fiscal year 2016 was historic for fraud tipsters.