Xerox Documents Accounting WoesSave
"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/...
Xerox Hit by Fresh ScandalSave
"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/Art...