Friday, March 06, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Three People Charged with One of the Largest Reported Data Breaches in U.S. History
GIGABYTE Launches New X99 Champion Series Motherboards
ASUS Announces New GR8S Steam Machine
Windows Also Vulnerable to FREAK Encryption Flaw
Fujitsu Technology Recognizes Faces Appearing In Low-Resolution Images
Apple Allowed App Developers Fine-tune Apps Before Watch Debut
Google Introduces Insurance Shopping Site
U.S. Trade Office Releases Latest Notorious Markets List
Active Discussions
Hello
Newbie
Need serious help!!!!
burning
nvidia 6200 review
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
 Home > News > Graphics Cards > ATI to ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 30, 2005
ATI to pay $742,000 for misleading investigators


ATI Technologies Inc.said Tuesday that Canadian securities regulators have approved a settlement agreement related to alleged shortcomings in the company's 2000 earnings disclosure.

Cleared by the Ontario Securities Commission, the agreement settles charges that the company did not make a timely disclosure of an earnings shortfall in 2000 and then made a misleading statement to investigators. The settlement calls for ATI to pay $900,000 Canadian ($742,000 U.S.) and provide a letter confirming its practices and procedures related to trading and corporate governance.

"Settlement with the OSC is in the best interests of the company, our employees and our shareholders," the Markham, Ontario-based company said in a statement. "We are pleased to put the matter behind us and to continue to focus on company operations."

Eric Pelletier, a spokesman for the OSC, said that hearings on insider trading charges will take place Tuesday and Wednesday for individual company officials -- including ATI chairman Kwok Yuen Ho and his wife.


Previous
Next
New Unreal Tournament details        All News        Gigabyte and MSI deliver new P4 motherboards
New ATI graphics board could feature 32 pipelines     Graphics Cards News      ATI Reports Second Quarter Results

Get RSS feed Easy Print E-Mail this Message

Related News
New PowerVR G6020 And PowerVR Series5 Video Encoders Targets IoT And Mobile Devices
Imation Adds IronKey S1000 Products to Its Secure Family of USB Storage Devices
Sony Xperia E4 Goes Official
PlayStation Meets Spotify
Sony Mobile Reportedly Plans Massive Job Cuts
Verbatim-MKM To Manufacture And Sell Archival-Grade M-Discs
Creative Unveils Sound Blaster X7 Limited Edition At CES
PlayStation Network Back Online
Imagination Releases Raspberry Pi Rival
New Scalable PowerVR Series7 GPUs Target Wearables, Servers
PS4 Remote Play Now Available for Xperia Z3 Series
Sony To Release Android Lollipop To Its Entire Xperia Xperia Z Series

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .