IBM investigated by US Securities Commission

IBM has said that the US Securities and Exchange Commission has launched an investigation into the company’s financial practices.

IBM investigated by US Securities Commission
Tue, 03 Jun, 2003 - 13:46

IBM has said that the US Securities and Exchange Commission has launched an investigation into the company’s financial practices.

The SEC is apparently seeking information relating to revenue recognition in 2000 and 2001 relating to certain types of customer transactions.

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CourtsHeathrowOrganisation: IBMOrganisation: US Securities CommissionOrganisation: US Securities and Exchange CommissionOrganisation: SECOrganisation: Solutions
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