IBM Shares Halted

by Volker Weber

Monday June 2, 4:47 pm ET

NEW YORK (Reuters) - Shares of International Business Machines Corp. (NYSE:IBM - News) were halted on Monday in over-the-counter trading, pending news.

IBM said in a statement shortly after the halt it is the subject of an investigation by the U.S. Securities and Exchange Commission (News - Websites).

It said the probe is related to revenue recognition in 2000 and 2001.

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