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Browse: Home / 2012 / April / 04 / Here We Go: Groupon Hit With First Shareholder Suit Over Accounting Shenanigans

Here We Go: Groupon Hit With First Shareholder Suit Over Accounting Shenanigans

By Securities Docket on April 4, 2012, 1:04 pm

Daily deal site Groupon is fast clinching its reputation as the bad boy of the IPO circuit. Less than four months after going public, Groupon is already facing an SEC probe – and now its new shareholders are suing it for gimmicky accounting practices.

via Here We Go: Groupon Hit With First Shareholder Suit Over Accounting Shenanigans — paidContent.

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Posted in Class Actions, Top | Tagged Financial Fraud, IPOs

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