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IBM says SEC probes earnings, pay disclosures

January 12, 2006

SAN FRANCISCO (Reuters) – IBM, the world’s biggest computer
services company, said on Thursday it received notice from the
U.S. Securities and Exchange Commission that the agency opened
a formal investigation into the company’s disclosure of
first-quarter earnings and equity compensation.

The probe follows an informal investigation disclosed by
IBM in June, the company said.


Source: reuters



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