SEC Commences Formal Civil Investigation Against Computer Sciences

Computer Sciences Corporation (CSC) announced in an 8-K form that on January 28, 2011, the company was notified by the United States Securities and Exchange Commission that the Commission has commenced a formal civil investigation relating to company’s previously disclosed accounting adjustments in company’s Managed Services Sector segment, primarily in Europe’s Nordic region. The company said it is cooperating with the commission’s investigation.

Shares of Computer Sciences Corp. are currently down 20 cents, or 0.38%, at $53.09 per share.

Jasper - The Real Deal!

Risk Our Money Not Yours | Get 50% Off Any Account!

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.