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Groupon's (GRPN -16.9%) mammoth drop wasn't merely due to the company's restatement, but the way...
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Monday, April 2, 2012, 5:55 PM ETGroupon's (GRPN -16.9%) mammoth drop wasn't merely due to the company's restatement, but the way the news reignited long-standing concerns about Groupon's management and accounting. This is, after all, a company that had to drop a controversial expense-accounting practice following an SEC investigation, and whose CEO risked derailing his company's IPO by firing off an emotional memo during the middle of its quiet period. (more)
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