Hynix under investigation for accounts irregularities
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Prosecutors said yesterday they were investigating an accounting fraud of almost 2 trillion won ($1.7 billion) at Hynix Semiconductor that began in 1996 and ended in 1999.
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Financial regulators on Thursday asked prosecutors to investigate allegations that UFJ Holdings Inc.&#39;s banking unit illegally obstructed recent inspections by reporting misleading information about its nonperforming loans.
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Software vendor mulls how to compensate Chinese comupter users effected by a buggy antivirus update last week.
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Apple Computer Inc.  said on  Wednesday it found irregularities with its past stock option  grants during an internal investigation and the company will  likely need to restate its past financial statements.
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By Simon Fluendy, Financial Mail on Sunday, London  Feb. 11--The fate of Torex Retail, the software group at the heart of a  Serious Fraud Office investigation, could be sealed this week with the  publication of reports from two firms of accountants.
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The Nvidia Corporation and Advanced Micro Devices have been subpoenaed as part of an investigation of potential antitrust violations involving graphics chips.
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Under investigation for stock options backdating, the computer chip maker discovered more irregularities that will double its expenses.
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Jefferies Group Inc. , a New York-based brokerage, is under investigation by the US Securities and Exchange Commission as part of a probe into whether brokers doled out gifts to mutual fund executives to win trading business, people familiar with the matter said.
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Two more people have been arrested in an investigation of suspected embezzlement of company funds at Siemens bringing the total to six, Munich prosecutors said. The two worked at the internal audit and accounting unit of the electronics conglomerateÂs fixed-line communications division. Prosecutors say that the six people banded together to help commit breach of trust against Siemens by setting up secret funds outside Germany. Prosecutors said the embezzled amount could be more than 200 million euros ($255 million). They added that the money had not yet been tracked down.
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Software maker says it's seeing "unacceptable number of repairs;" investigation finds several factors could lead to hardware failures.
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The investigation at the CSK Auto Corporation found errors and irregularities that affected several inventory and expense accounts.
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A former Hewlett-Packard Co.   HPQ.N board member has asked U.S. prosecutors, as well as   U.S. trade and communications regulators, to review an HP   investigation in which directors' and journalists' private   phone records were accessed.
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Hynix Semiconductor, formerly Hyundai Electronics, was engaged in accounting fraud totaling 2 trillion won in 1999, financial regulators reported Monday.
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Samsung, Micron Technology and Hynix Semiconductor have acknowledged that they have received subpoenas related to the investigation.
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The Securities and Exchange Commission is investigating the investment research firm Morningstar Inc. for failing to properly correct inaccurate data it published about a mutual fund, the company disclosed Friday.
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As previously announced, KB Home's past stock option grant practices are  being investigated by the Securities and Exchange Commission. The  Department of Justice is also looking into these practices but has  informed KB Home that it is not a target of this investigation.
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The FBI is investigating allegations  that Unisys Corp  failed to detect a Chinese Web site's  cyber break-ins on computers at the U.S. Department of Homeland  Security and then tried to cover up its shortcomings, The  Washington Post reported on Monday.