Sufiy.: Google Exec to Pay $700,000 in SEC Case

Friday, July 20, 2007

Google Exec to Pay $700,000 in SEC Case

Why do we need enemies if we have such "freinds":
"SAN FRANCISCO (AP) -- Google Inc.'s top in-house lawyer, David Drummond, has agreed to pay $700,000 to settle a Securities and Exchange Commission complaint alleging he helped mislead investors while overseeing the finances of his previous employer, SmartForce."..."The SEC had alleged Drummond helped SmartForce exaggerate its revenue by $113.6 million and its profit by $127 million during a 3 1/2-year period ending in mid-2002. At the time, Drummond was SmartForce's chief financial officer."

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