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SEC Formally Investigates IBM

Posted by Zonk on from the trouble-for-big-blue dept.

glhturbo writes "IBM announced Thursday that it had received notice of a formal, nonpublic investigation by the Securities and Exchange Commission (SEC) concerning the company's disclosures relating to Q1 2005 earnings and expensing of equity compensation. According to the article, there has been a non-formal investigation going on since June 2005. Both articles indicate that it doesn't mean IBM has broken any laws, so we'll see what comes of it."

1 of 61 comments (clear)

  1. Now I get.... by d474 · · Score: 1, Redundant

    ...so that's why Apple is switching over to Intel chips.

    And now you know the rest...of the story.

    --
    Authority questions you. Return the favor.