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SEC Investigating SCO?

Posted by Zonk on from the that-would-surprise-me dept.

Udo Schmitz writes "As Groklaw reports, the SCO Group stated in a SEC filing from yesterday: 'In addition, regulators or others in the Linux market and some foreign regulators have initiated or in the future may initiate legal actions against us, all of which may negatively impact our operations and future operating performance.' Does this mean the SEC finally started to pull some stops? SCOs and Canopys financial dealings (Vultus acquisition anyone?) long ago lead to speculations in the Linux community about the legality of their business practices, or the whole lawsuit just being a stock scam."

6 of 281 comments (clear)

  1. I hear quite abit about SCO by Ecko7889 · · Score: 0, Troll

    I'm sorry if I sound arrogant, but will someone please inform me exactly what SCO is/does...I hear alot about them on /. but just cock my head like a dog at them.

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    $sig$
  2. really? by alexandreracine · · Score: 0, Troll

    Really?
    Santa Claus Operation and speculations goes together?

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    No sig for now.
  3. About time by bonch · · Score: 1, Troll

    I've mostly forgotten about SCO these days, as they were all bark and no bite. My question is, what took so long? I remember people constantly writing to the feds and calling for investigations into this company last year. What was the freakin' holdup? Even non-tech people can see the writing on the wall.

  4. hmmm... by muszek · · Score: 0, Troll
    negatively impact our operations and future operating performance

    who'd be happy to piss on their grave? raise your hand.

  5. See? by GoodbyeBlueSky1 · · Score: 0, Troll

    This is what happens when corrupt corporations stop paying off the SEC.

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    why? forty-two.
  6. Interesting Paul Murphy article editorial on by Senor_Programmer · · Score: 0, Troll

    SCO-IBM
    IBM-Linux
    SCO-Linux
    minix-linux

    go read it...