The SEC released new details surrounding the allegations concerning the CSC executives, including former CEO Michael Laphen, who agreed to return more than $3.7 million in compensation to CSC ...

CSC agreed to pay a $190 million penalty to settle the charges, and five of the eight charged executives agreed to settlements, including former CEO Michael Laphen returning more than $3.7 million ...

"The most notable feature of the settlements announced today was that the SEC required CSC’s former Chief Executive Officer and Chief Financial Officer to return more than $4 million in ...

CSC will pay $190 million to settle a case brought by the Securities and Exchange Commission over four-year-old charges that it violated antifraud, reporting and books-and-records laws.

Capital Business CSC reaches $190 million settlement with SEC over accounting probe December 30, 2014 More than 10 years ago Summary ...

Audit CSC to Pay $190mn to Settle SEC Accounting Probe December 29, 2014, 5:42 p.m. EST 1 Min Read ...

CSC, which is No. 4 on CRN's SP500 list, will have to restate goodwill and impairment charges in FY2011 and FY2012, as well as reduce net income by $50 million in FY2010 and $3.69 billion in FY2011.

The deal is a previously undisclosed part of a $190 million settlement of fraud charges over work performed overseas, which the SEC approved in December. CSC did not admit or deny wrongdoing as ...

The SEC slaps the former CEO's wrist ... hard Most significantly, former CEO Michael Laphen agreed to return to CSC more than $3.7 million in his compensation under the clawback provision of the ...

SEC said that the fraud began after CSC learned that it would lose money on a multi-billion dollar contract with the U.K. National Health Service because the company was unable to meet deadlines.