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Accountancy Age – Content Calendar

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    SEC launches formal investigation into Dell

    SEC launches formal investigation into Dell

    PC maker now under formal scrutiny by Securities & Exchange Commission, and delays Q3 results as a result

    Author Writer Date published November 17, 2006 Categories

    The Securities & Exchange Commission has upped its scrutiny of Dell’s
    accounts, by putting the PC maker under formal investigation.

    Dell stated it was
    delaying its Q3 preliminary results announcement from today due to the
    ‘complexity’ of the ongoing investigation into its figures by the SEC. It has
    still not filed Q2 figures.

    Reports suggest that investors are alarmed that little detail has been
    revealed by Dell as to the nature of the investigation.

    The SEC
    began an informal investigation into Dell in September.

    Further reading:

    Dell delays figures due to
    investigation

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