It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
OCZ Technology Receives Inquiry From SEC OCZ Technology Receives Inquiry From SEC
FAQ Members List Calendar Search Today's Posts Mark Forums Read


OCZ Technology Receives Inquiry From SEC
Reply
 
Thread Tools
Old 22nd November 2012, 07:47   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 144,181
Stefan Mileschin Freshly Registered
Default OCZ Technology Receives Inquiry From SEC

OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that on November 15, 2012, OCZ Technology (the "Company") received a letter from the Securities and Exchange Commission ("SEC") indicating that they are conducting an investigation. As part of this notification, the Company also received a subpoena requesting certain documents and information generally related to its press releases on September 5, 2012 and October 10, 2012, and the financial reporting for customer incentive programs, among other matters.

Ralph Schmitt, president and chief executive officer, noted that, "Since we delayed the filing of our second quarter 10-Q, we had proactively contacted the Commission and have been expecting them to conduct an investigation. We intend to cooperate fully regarding this non-public, fact-finding inquiry and are also continuing with our own internal investigation as previously announced."

http://www.techpowerup.com/175912/OC...-From-SEC.html
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Amazon Receives $252M Back Tax Claim Stefan Mileschin WebNews 0 14th November 2012 07:59
Rambus Receives Decision in SK Hynix Case Stefan Mileschin WebNews 0 24th September 2012 08:31
Samsung faces antitrust inquiry Stefan Mileschin WebNews 0 7th September 2012 06:44
AMD Catalyst Receives Windows 8 Certification Stefan Mileschin WebNews 0 4th June 2012 09:22
Linux Creator Linus Torvalds Receives One of World's Highest Technology Honors Stefan Mileschin WebNews 0 20th April 2012 06:38
Kindle Receives 5,000 More Book Titles Shogun WebNews 0 2nd June 2008 17:48
Teen Buys PS2 on eBay, Receives $90.000 Cash Instead jmke WebNews 2 19th July 2007 11:10
Asetek Receives $4 million in Venture Capital jmke WebNews 0 18th January 2007 10:25
asetek Inc. receives 4 million in Venture Capital jmke WebNews 0 22nd December 2005 09:49

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 13:47.


Powered by vBulletin® - Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO