US NYSE
WeWork Inc.
Coworking company whose IPO filings highlighted misleading non-GAAP metrics like 'Community Adjusted EBITDA' while concealing self-dealing leases.
CORPORATE IDENTIFIERS & DOSSIER
- Entity Name: WeWork Inc.
- Country of Domicile: US
- Listing & Ticker: NYSE (WE).
- CIK / LEI Identifier: 0001813756.
- Industry Classification: SIC 6512.
- Enforcement Episodes: 1 primary case dossier(s) in this library.
PRIMARY ENFORCEMENT CASES INVOLVING WEWORK INC.
1 CASE DOSSIERS| Case Title | Status | Primary Scheme | Overstatement | Total Penalties | Action Date |
|---|---|---|---|---|---|
| WeWork: 'Community Adjusted EBITDA' and Concealed Self-Dealing Leases | Settled, neither admitted nor denied | misleading non gaap and kpis | $1.6B | $0 | September 20, 2021 |