GlassHouse Research’s Take-down Of Cubic Corporation

ValueWalk is planning its fourth Contrarian Investor Virtual Conference in partnership with the Contrarian Investor Podcast next week, and we have quite a full slate of speakers. One of the firms that will be represented is GlassHouse Research. Profile of GlassHouse Research GlassHouse defines its purpose as being “to expose fraudulent companies that have been taking advantage of US GAAP as well as IFRS accounting for their benefit.” The firm looks for “companies where GAAP (or even worse non-GAAP) earnings are deviating from true economic earnings.” It also looks for a “culture of fraud” at companies. The firm consists of…