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Macy’s Probe Found Employee Acted Alone in $151 Million Accounting Scandal
Macy’s has completed its investigation into accounting problems and found that a single employee’s mistake—and subsequent coverup—created $151 million in false bookkeeping entries ...
Macy's Stock Tumbles on Lower Sales, Resolved Accounting Probe
Macy's shares fell Wednesday morning after the company posted its delayed third-quarter earnings report and shifted its full-year outlook to adjust for the completed investigation into the accounting ...
Nasdaq1mon
Macy’s (NYSE:M) Probe Discovers Accounting Scandal Was One Employee’s Work
Remember, not so long ago, when department store giant Macy’s (M) noted it had to delay earnings when it discovered a serious accounting scandal in the works? Earlier today, news came in about ...
Macy's Tightens Financial Controls After Employee Covered up What Became a $151 Million Mistake
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
Wall Street Journal1mon
Macy’s Probe Found Employee Acted Alone in $151 Million Accounting Scandal
Macy’s M0.00%increase; green up pointing triangle has completed its investigation into accounting problems and found that a single employee’s mistake—and subsequent coverup—created $151 ...
Yahoo Finance1mon
Macy's Stock Tumbles on Lower Sales, Resolved Accounting Probe
Macy's shares fell Wednesday morning after the retailer posted its delayed earnings report, pushed back last month after an accounting issue was discovered. Sales fell short of what analysts had ...
WTOP News1mon
Macy’s tightens financial controls after employee covered up what became a $151 million mistake
NEW YORK (AP) — Macy’s said Wednesday that it has tightened internal financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a ...