Dell to Pay $100 Million to Settle SEC Fraud Case

The story: Texas-based Dell and its CEO, Michael Dell, have been under investigation from the Securities and Exchange Commission for five years on a fraud case.

During the recession, many (non-Apple) tech companies suffered, especially those that, like Dell, cater in large part to business customers. Yet Dell remained quite solvent throughout the last few years. It turns out that Dell had been receiving huge payoffs from Intel to ensure Dell's computers shipped only with Intel chips, rather...

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Published on July 22, 2010 21:14
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