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IBM sued for alleged securities fraud
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IBM sued for alleged securities fraud
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4th March 2015, 06:51
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,533
 |  IBM sued for alleged securities fraud Big Blue has been sued by a shareholder who thinks the company committed securities fraud by failing to write down a money-losing semiconductor unit before agreeing to pay another company $1.5 billion to take that unit off its hands. In October IBM’s said it would sell the unit to GlobalFoundries (GloFo) and take a related $4.7 billion pre-tax charge. http://channeleye.co.uk/ibm-sued-for...urities-fraud/ |
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