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Xerox
Directory > Society > Issues > Business > Allegedly Unethical Firms > Xerox

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Accounting Panic Hits Xerox
"Xerox admits overstating its profits by $1.4bn from 1997 to 2001, casting a fresh shadow over
US corporate and auditing practices." [BBC News]

http://news.bbc.co.uk/1/hi/business/2071689.stm
Reviews Rating: Not yet Rated Whois Check

Xerox Documents Accounting Woes
"Xerox Corp. improperly booked nearly $2 billion in revenue over the past five years, the
company said Friday, as the copier maker was forced to restate earnings to reflect $1.4 billion
less in pre-tax profits during the period." [CNN Money]

http://money.cnn.com/2002/06/28/news/companies/xerox/
Reviews Rating: Not yet Rated Whois Check

Xerox Settles SEC Enforcement Action Charging Company With Fraud
Press release. "The Securities and Exchange Commission today filed suit against Xerox
Corporation in connection with a wide-ranging, four-year scheme to defraud investors."

http://www.sec.gov/news/headlines/xeroxsettles.htm
Reviews Rating: Not yet Rated Whois Check

Xerox - A Carbon Copy Accounting Scandal
"CNN is reporting that Xerox incorrectly booked close to $6 billion in revenue over the past
five years." News and reader discussion. [Plastic]

http://www.plastic.com/article.html?sid=02/06/28/15024800
Reviews Rating: Not yet Rated Whois Check

Xerox Hit by Fresh Scandal
"The company, whose name is synonymous with photocopiers, has already been fined $10m this
year by the US financial watchdog, the securities and exchange commission, for overstating profits
by $3bn between 1997 and 2001." By Mark Tran. [Guardian]

http://www.guardian.co.uk/Archive/Article/0,4273,4450762,00.html
Reviews Rating: Not yet Rated Whois Check

Xerox in $2bn Scandal
"Dollar plunges as firm admits exaggerating revenues." By Nils Pratley and Jill Treanor.
[Guardian]

http://www.guardian.co.uk/business/story/0,3604,746299,00.html
Reviews Rating: Not yet Rated Whois Check

 


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