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Symantec says damages from US probe may be $145 million |
February 04, 2014
Symantec said that the damages from a U.S. investigation into its compliance with government contracting rules may be about US$145 million.U.S. officials are said to have conveyed in January to the company an estimate of the damages, the security software company said in a filing Monday to the U.S. Securities and Exchange Commission.“We are fully cooperating with the investigation and in January 2014 met with representatives of the government who presented us with an initial analysis of our actual damages exposure in the amount of approximately $145 million,” Symantec said in the filing.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2093980/symantec-says-damages-from-us-probe-may-be-145-million.html#tk.rss_all
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