
The Securities and Exchange Commission filed enforcement action to stop a fraudulent scheme targeting investors seeking coveted stock in Internet and tech companies

The Securities and Exchange Commission filed enforcement action to stop a fraudulent scheme targeting investors seeking coveted stock in Internet and tech companies

In February, the U.S. Securities and Exchange Commission launched a fraud investigation into CSC’s accounting practices in Denmark. Then, in October, CSC chairman and CEO Mike Laphen announced that he would be resigning from his position within a year. And now, SEC investigators have indicated that they are extending their fraud investigation into CSC’s Australian business.