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Sarbanes-Oxley News & Developments
SEC, Software Firm Settle Accounting ChargesHad i2 Technologies reported correct financials, they would have been increasingly negative.
> > Software maker i2 Technologies Inc. agreed to pay $10 million to settle SEC charges. Over a nearly five-year period ending in 2002, the company allegedly misstated about $1 billion of license revenues, including over $125 million it should never have recognized. Source: CFO
Published:2004-06-22
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