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Nic Name · 06-28-2002, 09:21 AM

U.S. office equipment company Xerox said on June 28, 2002 it expected a revenue restatement of around $2 billion over the five year period between 1997 and 2001. The company would not comment further after a Wall Street Journal story claimed the total amount of improperly recorded revenues over the five-year period from 1997 through 2001 could be more than $6 billion. (Xerox/Reuters)

06-28-2002, 09:21 AM	#5
Nic Name retired Join Date: Dec 2001 Location: Toronto, Canada Posts: 1,930	Does this look like a tombstone? U.S. office equipment company Xerox said on June 28, 2002 it expected a revenue restatement of around $2 billion over the five year period between 1997 and 2001. The company would not comment further after a Wall Street Journal story claimed the total amount of improperly recorded revenues over the five-year period from 1997 through 2001 could be more than $6 billion. (Xerox/Reuters)