The SEC revealed today that it charged VMWare with fraud . . . then settled for next to nothing

The world of enterprise software is often a little staid. Not today, however. The Securities and Exchange Commission today says it charged the cloud computing giant VMware for “misleading investors about its order backlog management practices, which enabled the Palo Alto, Ca.-based technology company to push revenue into future quarters by delaying product deliveries to customers, concealing the company’s slowing performance relative to its projections.”
An investigation by the agency found that, “beginning in fiscal year 2019, VMware began delaying the delivery of license ke

リンク元