Celsius modified stock awards for departing staff and misstated two quarters
The energy-drink company changed stock-award terms for six leavers without applying modification accounting, understating expenses in two 10-Qs.
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Casos publicados
3,222 CASOS PUBLICADOS · ATUALIZADOS REGULARMENTEBecton Dickinson hid $59M in pump-recall costs and overstated profit by 82%
The medical-device giant knew its Alaris infusion pumps needed a recall but did not book the cost — one quarter's operating income was inflated 82%.
Ler o casoFry's Electronics closed all 30 stores in a single day — no bankruptcy, no warning
36 years, 34 stores, 9 states. On 24 February 2021, Fry's shut every door at once. No Chapter 11, no going-out-of-business sale. Just a sign on the website.
Ler o casoThe RealReal IPO'd on the promise of authentication — then sold fakes
Raised $300M in its 2019 IPO on the claim that every item was authenticated. Chanel sued. Forbes found counterfeits. Three CEOs in five years followed.
Ler o casoPacific Coffee had 500 stores in Greater China — now about 100 remain
The Hong Kong chain that predated Starbucks in Asia was squeezed between premium and cheap, and the pandemic finished the retreat.
Ler o casoRovio built a $216M business on one angry bird — then profits fell 73% in a year
Angry Birds made Rovio a household name. Merchandise revenue fell 43%, profits dropped 73%, and 370 staff were laid off. Sega bought it for $776M.
Ler o casoDubai World owed $59B, asked for a standstill, and rattled global markets
The government-owned developer behind Palm Jumeirah held three-quarters of Dubai's debt — when it asked to delay payment, the Dow fell 155 points.
Ler o casoChipotle's fresh-food model sickened 1,100 people and cost $25M
Chipotle's 'food with integrity' meant fresh, minimally processed ingredients — harder to keep safe. From 2015 to 2018 a string of outbreaks sickened 1,100+.
Ler o casoBlue Apron went public at $10 a share and was sold six years later for $103M
The meal-kit pioneer IPO'd in 2017 and lost 81% of its market value within nine months. Paying customers fell 24% in a single quarter. Wonder Group bought it.
Ler o casoAbengoa piled up €20B in project-finance debt — Spain's green-energy giant collapsed
Spain's largest renewable energy company grew through project debt that looked off-balance-sheet. When a €350M rescue fell through, the whole structure went.
Ler o casoBuzzFeed's revenue fell 42% in one year — free content without subscribers has no floor
Valued at $1.7B, BuzzFeed built on social traffic. When algorithms shifted, revenue fell from $437M to $253M in a year. The stock lost 98%.
Ler o casoEricsson cut 5,200 Swedish jobs in two years as its services bet hollowed out R&D
The telecom giant overexpanded into managed services and lost its technology edge. Two rounds of cuts and a CEO change followed.
Ler o casoOatly's green ads were banned — it compared its best product to milk's worst number
Oatly claimed 73% less CO2 than milk, but only tested one product against whole milk. The ASA banned four claims in its biggest UK campaign.
Ler o casoTim Hortons tried the US for 40 years — brand awareness was 25 out of 100
Canada's most beloved coffee chain opened US stores from 1981 onward. US sales were half the company average; Dunkin' owned the same territory.
Ler o casoThe Virginia Company raised a fortune on gold that never came — and lost its charter
It sold shares at £12 10s on the promise of gold. None was found. It lived on lotteries and fresh investors until the Crown revoked its charter in 1624.
Ler o casoHopper hid a 'tip' and a VIP fee at checkout and paid the FTC $35M
Internal testing showed the fees were deceptive and most users would decline them — Hopper kept them pre-selected anyway.
Ler o casoGameStop's profit came from used games — digital distribution deleted them
GameStop's best margin was selling the same disc twice. When games went digital that business vanished; in 2019 it closed 200 stores and posted a $415M loss.
Ler o casoASOS was worth £10B, then The Guardian called it a 'fast-fashion also-ran'
Shares fell 70% in a year. Revenue stalled at £2.5B with a £298M net loss. A £3.95 returns fee angered the customers who bought three sizes to keep one.
Ler o casoParty City filed for bankruptcy twice in two years — then closed every store
800 stores and over $1B in debt. The first Chapter 11 cut the debt; the second closed the doors. Dollar Tree bought 150 leases for the fixtures.
Ler o casoSpirit Airlines filed for bankruptcy twice in nine months — then stopped flying
A blocked $3.8B JetBlue merger left Spirit with $1.2B in annual losses. Two Chapter 11 filings later, the last flight landed at Dallas–Fort Worth.
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