VMware investors win class-action status following accusations of accounting discrepancies – PharmaciePageot

VMware investors win class-action status following accusations of accounting discrepancies – PharmaciePageot

A federal court has ruled that investors are accusing VMware Inc. executives of insider trading and manipulation of revenue accounting. The investors claim that VMware deceived shareholders by falsely assuring them it would meet revenue targets in fiscal 2019 and 2020. The lawsuit alleges that the executives used this information to benefit a group of … Read more