TheStreet, Inc.

TheStreet, Inc. is a financial news and information website that provides in-depth financial analysis, market insights, and investment strategies for both retail and institutional investors.

CCI Score

-13.29

0.01% April 16

Latest Event

SEC Charges TheStreet, Inc. for 2008 Accounting Fraud

The SEC charged TheStreet, Inc. and three executives over a 2008 accounting fraud involving artificially inflated revenue and misstated operating income at a former subsidiary, citing inadequate internal controls and fraudulent accounting practices.

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ENABLER

TheStreet, Inc. is currently rated as an Enabler.

-10 to -19 CCI Score

Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

JAN

01

2008

SEC Charges TheStreet, Inc. for 2008 Accounting Fraud
-13.29

The SEC charged TheStreet, Inc. and three executives over a 2008 accounting fraud involving artificially inflated revenue and misstated operating income at a former subsidiary, citing inadequate internal controls and fraudulent accounting practices.
-75

Business Practices and Ethical Responsibility

March 29

The SEC's enforcement action against TheStreet, Inc. highlights severe breaches in ethical business practices. The allegations of fraudulent revenue recognition and poor internal controls demonstrate a disregard for corporate accountability, directly harming investors and undermining trust in financial reporting.

SEC.gov | TheStreet, Inc., Eric Ashma, and Gregg Alwine and David Barnett