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Tag: accounting

Industries, Retail & Wholesale

Tesco is paying $12 million to settle a US case over its £263 million accounting black hole

November 26, 2015

Via: Business Insider

Tesco just announced it is paying $12 million (£7.9 million) to settle a class-action suit brought by American investors over its £263 million ($397 million) accounting black hole, which was discovered last year. Last September Tesco admitted it had misstated […]