Groupon Discloses ‘Material Weakness,’ Lower Quarterly Revenue | Hacker News

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		Groupon Discloses ‘Material Weakness,’ Lower Quarterly Revenue (bloomberg.com)
		4 points by marklabedz on March 30, 2012 \| hide \| past \| favorite \| 1 comment

knowsnothing613 on March 31, 2012 [–]

My accounting buddy says 'Material Weakness' is code for fraud. If so, it'd explain why Andrew Mason and Eric Lefkofsky cashed out before the IPO.

Thoughts?

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