(Reuters) - SAN FRANCISCO, June 5 - IBM misled
investors by overestimating the impact of stock-based
compensation expenses on quarterly earnings in 2005, the U.S.
Securities and Exchange Commission said on Tuesday.
The securities regulator made the statement as it reached a
settlement with International Business Machines Corp., in which
the company agreed not to commit future disclosure violations.
Read more at Reuters.com Government Filings News
investors by overestimating the impact of stock-based
compensation expenses on quarterly earnings in 2005, the U.S.
Securities and Exchange Commission said on Tuesday.
The securities regulator made the statement as it reached a
settlement with International Business Machines Corp., in which
the company agreed not to commit future disclosure violations.
Read more at Reuters.com Government Filings News
No comments:
Post a Comment