Skip to Primary Navigation

Tech company VMware charged and fined $8m for misleading investors

Photo: Adobe Stock Images

SEC has charged the California technology company VMware for misleading its financial performance.

The SEC has charged the cloud computing and virtualization technology company VMware Inc. from Palo Alto, California, for misleading investors about its order backlog. management practices.

WMware pushed revenue into future quarters by delaying deliveries to customers, therefore misleading investors about its financial status by concealing the fact that the

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience