Tuesday, May 24, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung, LG to Unveil Their Display Technologies at SID 2016
Sony Sees Flat Annual Growth Due To Recent Quake Damages
Microsoft To Accelerate Delivery of Affordable Internet Access
Facebook Changes Policies On 'Trending Topics'
Kingston Starts Shipping New UV400 SSD
AMD Notebook Market Share Increased From Last Quarter, Nvidia Overall Share Increased From Last Year
MSI To Showcase VR-ready Laptop, Gaming Desktops And More At Computex
GLOBALFOUNDRIES Releases 130nm SiGe RF Technology For Wireless Network Communications
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Verbatim Launches 100GB MDISC Blu-ray Storage Media
PlayStation VR Launch Bundle Pre-Orders Start Tuesday
Sony PlayStation VR Launches In October For Just $399
Imagination Showcases Ray Tracing and High-end Graphics on Mobile at GDC 2016
Sony PlayStation Vue TV Service Available Everywhere Around The U.S.
PlayStationVue Now Offers Disney And ESPN Channels, Package Price Reduced
Imagination Tech Brings Strong PowerVR Series 8XE GPUs To Low-cost Phones
Sony's 2016 Xperia X-series Include Breakthrough Battery Tech, Better Cameras
Open Connectivity Foundation Established To Promote Interoperability Of IoT Devices
Kingston Buys USB Technology and Assets of IronKey from Imation
Imagination Tech CEO Steps Down As Company Reports Losses
Sony Xperia Z5 and Xperia Z5 Compact Are Now Shipping In The U.S.

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .