Friday, March 30, 2007
Dell Finds "Evidence of Misconduct" in Accounting Practices
Dell announced that its internal investigation found "evidence of misconduct" in its accounting practices over the past several years and that its 10-K filing would be delayed. Both the SEC and DOJ are investigating its accounting practices. See NYTimes, Dell Reports It Has Found ‘Misconduct’ ; WSJ, Dell's Internal Accounting Probe Uncovers Evidence of Misconduct.