SEC charges Kraft Heinz, former executives in alleged years-long accounting scheme

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SEC charges Kraft Heinz, former executives in alleged years-long accounting scheme

seekingalpha2021-09-03

The U.S. Securities and Exchange Commission charged Kraft Heinz Co.(NASDAQ:KHC)with allegedly engaging in a long-running "expense management scheme"that resulted in several years of restatements. The ...

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SirBahamut
·2021-09-05
Uh oh
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3
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SC2021
·2021-09-04
Kraft
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2
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- Jaaaaaaa:
  B
  2021-09-06
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THB
·2021-09-03
[Cry]
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3
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- THB:
  一
  2021-09-03
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alex alexalex
·2021-09-03
[齜牙]
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- alex alexalex:
  g
  2021-09-03
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Jimmyboy
·2021-09-03
Please like
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- MoonMoon:
  Ok
  2021-09-05
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joshua0111
·2021-09-03
Nice
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4
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Potato11
·2021-09-03
Oh
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1
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ZhaoYingying
·2021-09-03
Like pls
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- TerranceMike:
  Good
  2021-09-04
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chewks
·2021-09-03
Yes
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Jennifer58
·2021-09-03
Tsk tsk
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- joshua0111:
  nicr
  2021-09-03
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- Investigater:
  Haha
  2021-09-03
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jojotay
·2021-09-03
Good
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- Dttk:
  yes
  2021-09-03
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Jess321
·2021-09-03
Latest
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- bennyl:
  good
  2021-09-04
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- Tj23:
  Yes
  2021-09-03
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- Jess321:
  latest
  2021-09-03
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The accounting \"improprieties\" resulted in Kraft (KHC) reporting inflated adjusted EBITDA.\nIn June 2019, Kraft restated its financials, correcting a $208m in \"improperly-recognized\" costs savings over nearly 300 transactions.\nRecall June 2019,Kraft Heinz files annual report, 'returning to path of normalization andMay 2019, Kraft -3% after accounting update.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":814294395,"gmtCreate":1630820367817,"gmtModify":1676530401385,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3581734227956830","idStr":"3581734227956830"},"htmlText":"Uh oh","listText":"Uh oh","text":"Uh 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