
SureBeam Fires Deloitte & Touche
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Loading...
SureBeam Corp., known for making systems that zap bacteria in food, is now getting a reputation for zapping accountants.
The company said it fired Deloitte & Touche -- its third dismissal of an accounting firm in little over a year. It showed Deloitte the door after the accounting firm raised concerns over how
SureBeam booked revenue from certain contracts starting in 2000.
Shares of SureBeam, based in San Diego, fell nearly 14% in morning trading before closing up less than 1%, or 1 cent, at $1.81 on Nasdaq.