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Schweb's Lounge Forum for general conversation, chit chat, or most topics that don't fit in another forum.

Dell in Talks to Settle Intel Claims With S.E.C.


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the8thark

 
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Dell in Talks to Settle Intel Claims With S.E.C.
Dell in Talks to Resolve Intel Inquiry With S.E.C. - NYTimes.com

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Dell said on Thursday that it was in talks with the Securities and Exchange Commission to resolve allegations that it and its founder and chief executive, Michael S. Dell, engaged in financial irregularities related to the company’s dealings with Intel.
What exactly do they mean by financial irregularities in this article?
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baggss

 
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That means he was probably doing illegal business in regards to Intel.


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harryb2448

 
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Dodgy accountancy practices maybe? Look at para 4 and Dell's reported admissions:-

Dell in Talks to Resolve Intel Inquiry With S.E.C. - NYTimes.com
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