MarketPulse

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2 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Kyndryl Restates Financials as Control Deficiencies Emerge, Triggering Executive Departures

Kyndryl restated financials citing internal control weaknesses, triggering 55% stock decline and departures of CFO, General Counsel, and Comptroller. SEC investigating disclosure gaps.
KDsecurities class actioninternal control weaknesses
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Hub Group Stock Plunges 27% Following Accounting Control Failures

Hub Group stock plunged 27% after disclosing major accounting control failures spanning multiple years. The company must restate financials due to understated costs and missing liabilities.
HUBGdisclosure controlsinternal controls