Autodesk Continued Controversial Sales Practice Despite Pledging to Halt It, Ignoring Internal Warnings About Accounting Risks, Documents Show; Activist Investor Starboard Value Pushes for Leadership Changes Over Handling of Accounting Probe
Portfolio Pulse from Benzinga Newsdesk
Autodesk has continued a controversial sales practice despite pledging to halt it, ignoring internal warnings about accounting risks. Activist investor Starboard Value is pushing for leadership changes over the handling of an accounting probe.
August 15, 2024 | 8:31 pm
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Autodesk has continued a controversial sales practice despite pledging to halt it, ignoring internal warnings about accounting risks. Activist investor Starboard Value is pushing for leadership changes over the handling of an accounting probe.
The continuation of controversial sales practices and the involvement of an activist investor pushing for leadership changes are likely to negatively impact investor sentiment and the stock price of Autodesk in the short term.
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