related-party transactions

3 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Yzi Labs

YZi Labs Blasts CEA Industries Over $2M CEO Exit Deal and Control Weaknesses

YZi Labs condemns CEA Industries' $1.98M CEO exit package, material control weaknesses, and millions in related-party fees to director-controlled entities, demanding board accountability.
BNCinternal controlsCEO transition
GlobeNewswire Inc.GlobeNewswire Inc.··Pomerantz Llp

Carvana Faces Securities Fraud Investigation After $1B Earnings Overstatement Allegations

Pomerantz LLP investigates Carvana ($CVNA) for alleged $1B earnings overstatement and undisclosed related-party dependence, triggering 14.17% stock decline.
CVNAsecurities fraudstock decline
BenzingaBenzinga··Warren Yang

Lufax Confronts Dual Headwinds: Accounting Probe and Slowing China Growth

Lufax discloses 45 billion yuan accounting irregularities and restates 2022-2023 financials. New CEO faces dual challenges: regulatory compliance and declining lending amid China's economic slowdown.
LUFINVfinancial restatementaccounting scandal