By Adrianne Appel2022-09-30T16:44:00
Consumer products company Tupperware Brands Corp. agreed to pay $900,000 to settle charges of failing to maintain sufficient internal accounting controls and keep accurate books and records at its Mexico affiliate, the Securities and Exchange Commission (SEC) announced.
Tupperware acquired Fuller Cosmetics, including its Mexico business, in 2005. Tupperware should have then put in place appropriate accounting policies and procedures but instead maintained the legacy practices of the unit, the SEC alleged.
Fuller Mexico relied on direct-to-customer sales by its independent sales representatives, called “Fullerettes,” according to the SEC’s order filed Thursday. The sales targets for the Fullerettes and sales directors were unrealistic, an internal investigation by Tupperware later found.
2023-03-17T18:42:00Z By Adrianne Appel
Tupperware Brands Corp. disclosed it uncovered material weaknesses in its internal control over financial reporting as part of an announcement its 2022 annual report would be delayed.
2025-09-18T18:28:00Z By Adrianne Appel
About 125 federal regulations deemed anticompetitive by President Trump are poised for possible elimination, following recommendations delivered Wednesday to the Office of Management and Budget (OMB).
2025-09-18T18:21:00Z By CW Staff
Jeffrey Epstein’s finances are back in the spotlight with new reports this month, but Compliance Week published an in-depth investigation into the anti-money laundering compliance angle of the story 18 months ago. Compliance Week’s Aly McDevitt went on WBAI Monday to discuss her investigation
2025-09-17T17:20:00Z By Adrianne Appel
A Florida seafood company executive has pleaded guilty to conspiring with competitors to fix the prices he paid to local fishers, an effort that impacted more than $8 million in wholesale fish and cut the pay of hundreds of fishers, the Department of Justice said.
2025-09-16T20:11:00Z By Adrianne Appel
The former CEO of a Georgia clothing business faces 25 years in prison for bribing Honduran officials to win $10 million in uniform contracts in Honduras, after being caught up in a Department of Justice Anticorruption Task Force.
2025-09-12T19:40:00Z By Oscar Gonzalez
The DOJ sued Uber Thursday, alleging it violated the Americans with Disabilities Act (ADA) by denying people with disabilities equal access to its services.
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