Xerox (Allegedly Unethical Firms)

Xerox Sites:

Accounting Panic Hits Xerox 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] (Xerox) http://news.bbc.co.uk/1/hi/business/2071689.stm Xerox - A Carbon Copy Accounting Scandal 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] (Xerox) http://www.plastic.com/article.html?sid=02/06/28/15024800 Xerox Settles SEC Enforcement Action Charging Company With Fraud 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." (Xerox) http://www.sec.gov/news/headlines/xeroxsettles.htm Xerox Hit by Fresh Scandal 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 (Xerox) http://www.guardian.co.uk/Archive/Article/0,4273,4450762,00.html Xerox in $2bn Scandal Xerox in $2bn Scandal: "Dollar plunges as firm admits exaggerating revenues." By Nils Pratley and Jill Treanor. [Guardian] (Xerox) http://www.guardian.co.uk/business/story/0,3604,746299,00.html Xerox Documents Accounting Woes 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] (Xerox) http://money.cnn.com/2002/06/28/news/companies/xerox/