common stock (XRX) was listed on the New York Stock Exchange in 1990. It is also traded on the Boston, Cincinnati, Pacific Coast, Philadelphia, London and Switzerland exchanges. Xerox was incorporated in New York. The Problem On April 11, 2002, the SEC filed a complaint against Xerox. The complaint alleged Xerox deceived the public between 1997 and 2000 by employing several “accounting maneuvers”, the most significant of which was a change in when Xerox recorder revenue from copy machine leases –…
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