Jul 25, 2010 | Accounting Frauds
Another big company, same old story. To meet the street’s expectation, the company tried to cook its books. The allegation by SEC is that Dell met or beat the analysts’ earnings expectations by using a cookie jar reserve, from 2002 to 2006. Dell received...Dec 31, 2007 | Accounting Frauds
In May 2001, SEC files a complaint against 5 of Sunbeam Corporation’s former officers, alleging that senior management of Sunbeam engaged in fraudulent scheme to create an illusion of successful restructuring of the company and thus facilitating a sale of the...