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Sarbanes-Oxley News & Developments
Sullivan Pleads Guilty to ConspiracyThe ex-finance chief pleaded guilty to one count of conspiracy to commit securities fraud.
> > The allegation stemmed from the role of the ex-CFO in the misrepresentation of operating costs for Worldcom. Sentencing was delayed but Sullivan faces up to five years in prison and a fine of $5,000.
Source: CFO
Published:2004-06-09
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