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Judge Approves $100 Million Dell Settlement

Posted by samzenpus on from the pay-up dept.

crimeandpunishment writes "It's official. Dell will pay the US government $100 million to settle fraud charges. CEO Michael Dell will personally pay a $4 million fine. A federal judge approved the settlement after Michael Dell assured him the company will deliver on the reforms it promised. Dell was accused of pumping up its profits over five years by improperly using payments from Intel, in order to meet Wall Street targets."

1 of 72 comments (clear)

  1. Payments from Intel? by rbarreira · · Score: 3, Interesting

    Might those "payments from Intel" be related to Intel's attempts to keep AMD CPUs out of the market place as much as possible?

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    The AACS key is NOT 0xF606EEFD628B1CA427BEA93A9CA9773F