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Michael Dell also has reached a settlement agreement in the investigation Dell will pay US$100 million to resolve an inv
owala cup estigation by the U.S. Securities and Exchange Commission into the companyrsquo past accounting and financial reporting practices, it said Thursday.The settlement also resolves the SECrsquo investigation into Dellrsquo disclosures and alleged omissions regarding certain aspects of its commercial relationship with Intel, Dell said in a statement.The SEC has also settled with Dell CEO Michael Dell, who will pay a $4 million civil penalty related to his alleged failure to provide adequate disclosures regarding the companyrsquo commercial relationship with Intel. The settlement does not restrict his role as an officer or director of the company. The SEC began investigating the company in 2005, partly over how it recognized revenue for certain financial periods. Dell also conducted its own investigation, and as a result restated some of its financial results reported prior
owala website to 2007.Dell in June said it had set as
hydrojug traveler ide a $100 million reserve to cover any potential settlement between the company and the SEC. Related contentbrandpostSponsored by Arctic Wolf24/7 Monitoring no longer an option: How organisations can stay vigilant even without dedicated security teamsBy Arctic WolfNov 5, 20255 minsIT LeadershipIT StrategySecuritynewsGartner: AI budgets are going to projects that demonstrate value, real-world impactBy Agam ShahOct 31, 20254 minsGe Emuh Conventional wisdom on damage control is wrong, says crisis management expert
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