OCZ Technology (OCZ) says it's the subject of an SEC investigation. The agency has delivered a...


OCZ Technology (OCZ) says it's the subject of an SEC investigation. The agency has delivered a subpoena asking for "documents and information" related to OCZ press releases on Sep. 5 (the day of its first FQ2 warning) and Oct. 10 (the day of its second warning, 10-Q delay announcement, and CEO appointment), and the reporting of customer incentive programs, among other things. Shares are halted; they're already down nearly 80% on the year. (PR)

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  • hardeer
    , contributor
    Comments (5) | Send Message
     
    ...and the other shoe drops. Happy Thanksgiving, folks.
    21 Nov 2012, 05:29 PM Reply Like
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