The SEC alleges the school operator and United Neighborhood Organization of Chicago failed to disclose a multimillion-dollar contract with a windows company owned by the brother of one of its senior officers.
As Groupon stock fell to an all-time low Tuesday, the Chicago-based company was sued in federal court for allegedly releasing “materially false and misleading statements” regarding its financial results.
Federal authorities say a Glencoe man led investors to believe their money was going into a sleep disorder business, but he actually used it to buy a mansion, run a tattoo parlor, and live a lavish lifestyle.
CHICAGO (CBS) – Fast-growing daily deal site Groupon Inc. on Thursday filed go public, the first step what will be one of the year’s most hotly anticipated initial public offerings. Chicago-based Groupon estimated it would […]