US Attorney probes Lucent deal from 2000

News

US Attorney probes Lucent deal from 2000

The US Attorney's Office is investigating a two-year old software licensing deal between Lucent Technologies and Winstar Communications.

The investigation concerns a software licensing deal that eventually caused Lucent to restate earnings in 2000 by $125m (£107m).

Despite the latest investigation, the US Attorney's Office has told Lucent it is not the target of the investigation, but no further details were disclosed as to what is being investigated.

A spokeswoman for the Attorney's Office declined comment on the case.

Lucent is "co-operating fully with the US Attorney's investigation", said a Lucent spokewoman.

Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy
 

COMMENTS powered by Disqus  //  Commenting policy