March 14, 2019 / 11:51 AM / 4 days ago

Fitbit replaces auditor PricewaterhouseCoopers with Grant Thornton

The ticker symbol for Fitbit is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) February 23, 2016. REUTERS/Brendan McDermid/File Photo

(Reuters) - Wearable device maker Fitbit Inc has dismissed auditor PricewaterhouseCoopers LLP after a review of its fees and appointed Grant Thornton LLP, the company said in a regulatory bit.ly/2T4Jpuj filing on Tursday.

Fitbit said it had no disagreements with PwC on any accounting matter.

In a regulatory filing earlier this month, Fitbit disclosed it did not maintain effective controls over the accuracy of invoicing gross revenue in the last two fiscal years.

Reporting by Supantha Mukherjee in Bengaluru; Editing by Shinjini Ganguli

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