Michael Doan

Dell Pays $100MM to SEC for Lack of Disclosure

Financial statement disclosures in a public filing should allow an investor to see the company through the “eyes of management”. Dell’s management and the investors were seeing different things:

SEC said [Dell] also failed to disclose to investors large payments it received from Intel Corp. in exchange for not using central processing units made by Intel’s main rival, Advanced Micro Devices Inc

22 July 2010

Posted in Accounting,Business

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