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SEC Investigates Western Union Over Digital Revenue Projections

September 19, 2014
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SEC Investigates Western Union Over Digital Revenue Projections

September 19, 2014
Securities fraud charges may be leveled at Western Union if an SEC investigation confirms reports that the world’s largest money-transfer company misled potential investors about how much revenue it expected from its digital unit. “The Securities and Exchange Commission is reviewing the company’s public statements in 2011 and 2012 that it planned to increase revenue […]