CNET también está disponible en español.

Ir a español

Don't show this again

Christmas Gift Guide
Internet

Short Take: Corel hit with lawsuit

A class-action lawsuit has been filed against Corel and certain officers and directors of the company, including CEO Michael Cowpland and CFO Charles Norris. The complaint said defendants released false and misleading press releases, public filings, and statements during the class period of March 26, 1997 through Jan. 20, 1998. The claim cited Corel's restatement of its prior financial results for the first three fiscal quarters of 1997.

A class-action lawsuit has been filed against Corel and certain officers and directors of the company, including CEO Michael Cowpland and CFO Charles Norris. The complaint said defendants released false and misleading press releases, public filings, and statements during the class period of March 26, 1997 through Jan. 20, 1998. The claim cited Corel's restatement of its prior financial results for the first three fiscal quarters of 1997.