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SEC Charges 4 More Former Nortel Executives

The U.S. Securities and Exchange Commission has charged four more former Nortel Networks Corp. executives with accounting fraud, alleging they manipulated reserves to change Nortel's earnings statements on the orders of more senior officers of... More...

Grand jury subpoenas Nortel documents

A federal grand jury in Texas has issued a subpoena for documents, including financial statements and accounting records, from Nortel Networks Corp., the company announced Friday. The materials sought by the grand jury are part... More...

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