Groupon sued over revised financial reports

Shareholder claims company misled investors, concealed weak internal controls

A Groupon Inc. investor is suing the company, claiming it misled its shareholders about its finances and hid internal weaknesses.

This past November, Groupon, the world’s largest coupon website, became one of the largest Internet IPOs of the past decade. At the time, the company was valued at more than $10 billion.

Ashley Post

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