Day: February 21, 2023

Roadrunner Accounting Fraud

Roadrunner Settles SEC Charges for Multi-Year Accounting Fraud

Shipping and logistics company Roadrunner has settled charges brought by the Securities and Exchange Commission resulting from its engagement in a multi-year accounting fraud scheme. According to the SEC’s Feb. 14 cease-and-desist order, from at least July 2013 through January 2017, Roadrunner manipulated its financial reports to hit prior earnings guidance Read More