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ECT News Community   »   E-Commerce Times Talkback   »   Re: Lucent Closes Book on SEC Probe



Re: Lucent Closes Book on SEC Probe
Posted by: Keith Regan 2003-02-28 13:42:36
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Lucent Technologies has cleared what could have been a major obstacle to its ongoing turnaround. The telecommunications equipment maker has reached a settlement to close the books on a probe into its accounting practices by the U.S. Securities and Exchange Commission. Lucent said the agreement will not require it to pay penalties or restate past financial reports.


Re: Lucent Closes Book on SEC Probe
Posted by: basu_t 2003-03-02 04:36:30 In reply to: Keith Regan
I am very pleased for Lucent. I hope this is the beginning of a great future, once again, for them.
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