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Tennant (TNC) Faces Federal Securities Investigation After ERP Rollout Disruptions
finance.yahoo.com·13 hours ago·Global·1 min read
Source: finance.yahoo.com
Tennant (NYSE:TNC) disclosed that it is subject to a federal securities investigation.
The inquiry follows major operational disruptions linked to the company’s new ERP system rollout.
ERP related problems led to significant business disruption, raising questions about prior disclosures.
Tennant is drawing fresh attention from investors after revealing a federal securities investigation tied to serious ERP implementation issues.
The stock last closed at $87.48, with the company reporting a...
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