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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies

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From: dvdw©5/9/2007 8:50:00 AM
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Where there was smoke, there was fire; another profile of a rubiks event profiled to the file of How to report Sales; facilitate rinse cycles and transfer assets to the willing in waiting.

Motorola Settles With SEC

(financialwire.net via COMTEX) -- May 9, 2007 (FinancialWire) Motorola (NYSE: MOT) has agreed to pay $25 million to settle a case in which the company was accused of improperly marketing support for bankrupt cable operator Adelphia.
The Securities and Exchange Commission said that Motorola provided false numbers of set top boxes provided that Adelphia used to falsify its earnings in 2000 and 2001.Money paid by Adelhpia was immediately returned in the form of marketing support payments, according to officials.

Adelphia filed for bankruptcy protection in 2002 and its assets have since been sold to Time Warner (NASDAQ: TWX) and Comcast (NASDAQ: CMCSA) For up-to-the-minute news, features and links click on financialwire.net

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