Tech Data Corporation - TECD
$97.00 Mkt Cap $3.49 B
Summary and Opinion: Recently acquired court documents reveal a number of disturbing, and otherwise undisclosed, details about Tech Data’s SEC probe that has been running for almost five years and years and relates to a restatement of 2009 - 2013 results. Based upon the court documents we present here, interwoven with the company’s disclosure history, it is clear to us that under the leadership of Chairman/CEO Robert Dutkowsky, the management team repeatedly made the active decision to keep significant – we say material – information from investors about Tech Data’s SEC exposure. (The full report and supporting documents are only visible as a PDFs for our paid subscriber clients who are logged-in.)
-- Probes Reporter
Independent Investment Research Focused on Public Company Interactions with the SEC.
Notes: Our Disclosure Insight® reports, like those coming from other financial news and data providers, provide the investing public with commentary and analysis on public company interactions between investors and/or with the SEC and other agencies. They are journalistically based in large part on our expertise with federal filings using the Freedom of Information Act.
“Disclosure Games®” is a term we use to highlight those public companies engaging in disclosure practices that in our opinion may be misleading, confusing, evasive, or otherwise lacking the transparency needed for investors to make well-informed investment decisions regarding a potentially material exposure.