secwatch.observer — SEC 8-K summary
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Issuer:     FORWARD AIR CORP (FWRD)
CIK:        0000912728
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001628280-25-015157
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forward Air dismisses EY, appoints KPMG as auditor; Omni acquisition material weakness cited
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- Ernst & Young dismissed as auditor on March 24, 2025; KPMG engaged on March 27, 2025.
- No disagreements with EY on accounting principles; EY's 2023/2024 audit reports were unqualified.
- Material weakness in internal controls over Omni Newco purchase accounting, income taxes, and impairment.
- EY authorized to respond fully to KPMG's inquiries regarding the material weakness.
- No prior consultations with KPMG on accounting issues before engagement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912728/000162828025015157/0001628280-25-015157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912728/000162828025015157/fwrd-20250324.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-015157

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