Image:
There have been multiple allegations of misconduct at IBM in recent years
IBM investors claim the company misled them by shifting mainframe revenue to more modern departments like cloud and mobile technology, in order to prop up its stock price.
In a new securities class action lawsuit, the claimants allege that IBM made false and misleading statements to the market and moved billions of dollars in revenue from its non-strategic mainframe ...
To continue reading this article...
Join Computing
- Unlimited access to real-time news, analysis and opinion from the technology industry
- Receive important and breaking news in our daily newsletter
- Be the first to hear about our events and awards programmes
- Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
- Access to the Computing Delta hub providing market intelligence and research
- Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders
