DXC Technology fined $8m by SEC for misleading investors

Penalty paid for misclassifying tens of millions of dollars of costs, and for 'inadequate' controls missing the error

IT services biz DXC Technology has paid $8 million to settle a dispute with the US Securities Exchange Commission after being charged with making "misleading disclosures" about its non-GAAP financial results.…

Posted from: this blog via Microsoft Power Automate.