Dell, several former executives, and its founder, Michael S. Dell, agreed Thursday to pay more than $100 million in penalties to settle charges of disclosure accounting fraud filed by the Securities and Exchange Commission.
Read the entire story »Dell Inc. has said in writing that it will pay back $26.5 million in local incentives by mid-February.
Allen Joines, the mayor of Winston-Salem, said yesterday that Dell reconfirmed a pledge that it made Oct. 7 -- shortly after announcing it was closing its desktop-assembly plant in Forsyth County in January and eliminating 905 jobs.
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