We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Cognos Emerges Unscathed From SEC Review

Law360 (July 21, 2006, 12:00 AM EDT) -- The U.S. Securities and Exchange Commission has wrapped up an investigation into revenue allocation at Canada’s largest software company, concluding that that Cognos Inc.'s revenue recognition policy does not violate SEC rules.

With the SEC probe behind it, the company is looking forward to concentrating on business issues.

“Certainly, it allows us to focus on moving our business forward,” said Cognos Inc. spokesperson Sean Reid.

Reid echoed the sentiments of Cognos’ president and chief executive officer, Rob Ashe, who said the termination of the SEC investigation...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.