Search results
Results from the WOW.Com Content Network
Fair Funds were established by the Sarbanes–Oxley Act of 2002 (SOX), specifically 15 U.S.C. § 7246(a) (the "Fair Fund Provision"). [1]Prior to Sarbanes–Oxley, civil penalties obtained by the SEC based on actions under the securities laws were paid to the United States Treasury, and were not distributed by the SEC to investors who were injured by the securities fraud. [2]
Dell (DELL) is gearing up to reach a $100 million settlement with the Securities and Exchange Commission over an accounting scandal that roped in chipmaker Intel (INTC). Dell founder and CEO ...
Dell (DELL) announced Thursday that it will record a $100 million liability for a potential settlement with the Securities and Exchange Commission over the agency's investigation into the computer ...
A daily look at legal news and the business of law: Dell Close to Settling Over Bad Intel Accounting The Wall Street Journal reports that Dell has proposed a settlement to the Securities and ...
DFO Management, LLC (formerly MSD Capital) is an American family office that manages the capital of Michael Dell and his family. The firm, which is based in New York City and has offices in Santa Monica and West Palm Beach, was formed in 1998.
In July 2010 Dell Inc. agreed to pay a $100 million penalty to settle SEC charges [34] of disclosure and accounting fraud in relation to undisclosed payments from Intel Corporation. Michael Dell and former CEO Kevin Rollins agreed to pay $4 million each and former CFO James Schneider agreed to pay $3 million to settle the charges. [34]
A daily look at legal news and the business of law: Dell Settles With the SEC According to the Securities and Exchange Commission lawsuit that Dell (DELL) just settled for $100 million and a ...
The SEC alleged that Andrey C. Hicks and Locust Offshore Management LLC made false representations to create an aura of legitimacy when soliciting individuals to invest in a purported billion dollar hedge fund that Hicks controlled called Locust Offshore Fund Ltd. In October 2011, the SEC filed an emergency action to halt a Ponzi scheme that ...