| SCO Quashes SEC Investigation Rumor |
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| Publication: | TechWeb | Date: | May 20 2005 |
A minor tempest in a legal teapot swirled up around litigious Linux vendor SCO on Thursday, via a posting on the open-source community site Slashdot, which speculated that SCO might be under SEC investigation. SCO said that wasn't the case.
That item was a pick up of a Wednesday evening posting from the open-source advocacy Web site Groklaw, which cited language in a document SCO filed May 18 with the Securities and Exchange Commission. "In addition, regulators or others in the Linux market and some foreign regulators have initiated or in the future may initiate legal actions against us, all of which may negatively impact our operations and future operating performance," read a sentence in SCO's filing, which was submitted as part of documentation it's providing in preparation for a stock sale.
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