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.
[Thanks, Thomas]
