Dell and its founder, Michael Dell, improperly hid massive payments from Intel that inflated the PC maker's earnings and misled investors, the SEC said. Dell said it would pay $100 million to settle the charges and Mr. Dell will pay $4 million.
WSJ.com: What's News US, Wall Street Journal
Thu, 07/22/2010 - 4:45pm
Dell and its founder, Michael Dell, improperly hid massive payments from Intel that inflated the PC maker's earnings and misled investors, the SEC said. Dell said it would pay $100 million to settle the charges and Mr. Dell will pay $4 million.