Investors Are Right to Worry About Symantec: It Appears the SEC Has Been Investigating Since at Least April

Summary and Opinion:  The audit committee investigation disclosed by Symantec last week left out a number of important details that signal to us the management is either misleading investors or has no idea of the scope and nature of an accounting problem serious enough to delay a 10-K filing.  Neither option is good for investors. Ducking analyst questions makes it worse.

This article is premium content. To continue reading, please Sign In or Join at the top of this page.