CA is currently being investigated by the FBI and the Securities and Exchange Commission over alleged accounting malpractice. Texan tycoon Sam Wyly, undeterred by a failed boardroom coup at Computer Associates last year, looks set to reopen old...
Three senior executives have walked out of network equipment specialist Entrasys after the US Securities and Exchange Commission (SEC) began investigating its accounts. The company's chairman and two other top executives have resigned soon after...
The company made a statement to the Securities and Exchange Commission (SEC) yesterday, in which it said it was reviewing "certain material reversals of reserve accounts" during 1999 and 2000. Sidgmore was one of WorldCom's senior executives in the...
Kumar received a $1m pay packet but no bonus, according to a proxy statement filed with the Securities and Exchange Commission (SEC). The top five company executives received around $5.4m in pay and bonuses - up on last year's total of $5.1m.
Besides its depressed stock price, AOL Time Warner is taking steps to fix its embattled AOL division, which is suffering from massive revenue declines in its online advertising business and from an investigation by the Securities Exchange...
In a filing with the Securities and Exchange Commission on Monday, Apple said last year it awarded employees in its incentive bonus programme a "special recognition bonus" amounting to between three and five per cent of their base salary, despite...