Dell Inc. Paying $100 Million in SEC Deal

It looks as though Dell is paying $100M to bring that Securities and Exchange Commission’s investigation to a close.

The settlement culminated a five-year investigation by the agency. While the $100 million fine was far from the largest penalty levied by the SEC, the decision to charge a sitting chief executive of a major company and reach a seven-figure settlement with him is rare. Founder Michael Dell is one of the most prominent figures in the technology industry, credited for revolutionizing the PC market by making the computers cheap and widely accessible.

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