IPG to Restate 2000-04 Earnings

How can you keep pace with an accelerating marketing ecosystem? Join us at Brandweek Sept. 12–16 in Miami alongside leading CMOs, founders and change makers from GatoradeMarriottAlo YogaCampbell'sUncommon James and more. Book now.

NEW YORK Interpublic Group today said it would restate earnings for 2000-04, due to problems in accounting for revenue, acquisitions and lease expenses.

In a filing with the Securities and Exchange Commission, IPG attributed the errors mainly to weak financial controls and a decentralized operational structure, which it had flagged in previous filings.

The

AW+

INDEPENDENCE DAY SALE

Subscribe today!

APPLY PROMO CODE "JULY20" AT CHECK OUT FOR 20% OFF

View Subscription Options

Already a member? Sign in