Federal Prosecutors Launch Probe of Dell

An anonymous reader writes, "The U.S. Attorney for the Southern District of New York has launched an investigation into Dell's finances and has subpoenaed company documents going back to 2002. Dell execs had previously said they didn't think any of this would add up to any material impact, but that seems to be a possibility now." More accurately, this is a continuation of an ongoing "informal" SEC probe. That probe has caused Dell to delay its financial reporting and raised the possibility of needing to restate previous quarters' earnings.

Comments

Re:The stories I could tell...

[Drakin020]

I dont see what everyones problem is with dell.

Seriously I used to be a Dell hater now I love the guys, they offer great products and support. Now I am sure you guys are puking as you read this but seriously, there business support is off the wall. Mabye for home users there not so great but thats not what Dell cares about.

The only reason why a company may hate Dell is compition. But seriously thats just business.

I just dont see the problem.