Interpublic Group of Companies controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2006
Further restatement and accounting leadership change
The company reported a quarterly loss, revised several 2005 figures and disclosed the departure of its controller and chief accounting officer.
2005
Multi-year earnings restatement
IPG announced that it would restate earnings from 2000 through 2004 because of problems in accounting for revenue, acquisitions and lease expenses.
2003
Accounting irregularities and shareholder settlement
Shareholders sued IPG after accounting irregularities led to restatements and a decline in the company's stock. IPG agreed to a $115 million class-action settlement.