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The Securities and Exchange Commission today charged DXC Technology Company, an IT services company in Ashburn, Virginia, with making misleading disclosures about its non-GAAP financial performance in multiple reporting periods from 2018 until early 2020.
Claimed it increased its reported non-GAAP adjustments for TSI costs and excluded them from its earnings.
The fast food giant was also charged for public disclosure violations by the US regulator, but spared any penalties.
Company also cited for failing to disclose discretion to dismiss without cause
Exec engaged in sexual relations with employee and hid the truth from stakeholders, says SEC