SEC Fraud Settlement, 2004
In 2004, i2 paid a $10 million penalty to the Securities and Exchange Commission, and agreed to a cease-and-desist order, to settle charges that it had misstated $1 billion in software licensing revenues.
Read more about this topic: I2 Technologies
Famous quotes containing the word fraud:
“He saw, he wishd, and to the prize aspird.
Resolvd to win, he meditates the way,
By force to ravish, or by fraud betray;
For when success a lovers toil attends,
Few ask, if fraud or force attaind his ends.”
—Alexander Pope (16881744)
Related Phrases
Related Words