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Affiliated Computer Off Hook In Default Dispute

By Richard Vanderford (April 16, 2009, 12:00 AM EDT) -- A failure to file timely reports with the U.S. Securities and Exchange Commission does not constitute a breach of indenture agreement, a federal circuit court has ruled in the case of a technology company hounded by bond holders after it missed an SEC filing date while the company conducted an internal investigation into its stock options backdating practices....

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