US Federal regulators planning to fine Nortel in fraudulent accounting: Reports - Instablogs
US Federal regulators planning to fine Nortel in fraudulent accounting: Reports
Balendu , Delhi: Jun 9 2007
Made Popular Jun 9 2007
The US Securities and Exchange Commission is contemplating to fine telecommunications-equipment maker Nortel Networks Corp. as much as $100 million for accounting fraud. The fine will mark the first time the SEC commissioners have used their power...
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Tags: Corporate Fraud, Nortel, SEC, Business
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