WorldCom announced Tues. that additional restatement of earnings ...
WorldCom announced Tues. that additional restatement of earnings was likely, raising total to $9 billion. WorldCom already had announced 2 restatements for total of $7 billion. Company said it had advised SEC during settlement discussions that it expected additional…
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restatement “based on very preliminary past accounting.” Company said it still was completing its review and once it had final figure it would make it public.