Facebook
Fark
Digg
Reddit
StumbleMicrosoft settles allegations
Monday, June 3, 2002 | 9:49 a.m.
WASHINGTON -- Microsoft Corp. today agreed to refrain from accounting violations to settle federal regulators' allegations that it misrepresented its financial performance, the government announced.
Under a settlement with the Securities and Exchange Commission, the software giant neither admitted to nor denied wrongdoing. No fine was imposed.
The SEC alleged that Microsoft's accounting practices from July 1994 through June 1998 caused its income to be substantially misstated.
archive
Most Popular
- Viewed
- Discussed
- E-mailed
- Details on real estate agents’ roles in HOA fraud revealed
- Las Vegas woman hits $2.2 million jackpot at Orleans
- Ga. woman battling flesh-eating bacteria speaks
- Beneath his stark ambition and polished public persona, Brian Sandoval is a nerd
- Celebrity preview: Kim Kardashian, Playboy Club, Miss USA, Glen Campbell, burlesque
Everything Under the Sun
Blogs
The Kats Report
Where does a Playmate play when she turns 21? Vegas! (3 Comments)
Ice Ice Billy
The road to six-toed cats and Mayor Bubba
The Kats Report
David Itkin tells L.V. Philharmonic officials he's on his way out (14 Comments)
Diamond Dave sells it well as Van Halen pours out the power at MGM Grand (2 Comments)
Entering debut at Tryst, Nick Hissom is a model for a rapid rise to prominence (3 Comments)
Michael Gaughan says no to return of 'Vegas Stripped' to South Point; Steve Wynn has enough nightclubs (6 Comments)
Cosmopolitan sizzling over serving as host hotel for Bravo's 'Top Chef Masters'
- Locally owned and independent since 1950; Winner of the Pulitzer Prize for Public Service, best news website in the nation & DuPont Award for broadcast journalism
Facebook Connect