Deliver Your News to the World

IBM Receives Formal Notice of SEC Investigation


Armonk, NY - 12 Jan 2006: IBM announced today that it has received notice of a formal, nonpublic investigation by the Securities and Exchange Commission concerning IBM’s disclosures relating to IBM’s first-quarter 2005 earnings and expensing of equity compensation.

As previously disclosed in June 2005, IBM has been cooperating with the SEC in an informal investigation of this matter, and will continue to do so. The SEC has informed IBM that the investigation should not be construed as an indication that any violations of law have occurred.


This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.