Shares of International Business Machines Corp. IBM.N were halted on Monday in over-the-counter trading, pending news.
IBM said in a statement shortly after the halt it is the subject of an investigation by the U.S. Securities and Exchange Commission.
It said the probe is related to revenue recognition in 2000 and 2001.
Crap. I hate to see bad stuff happen to good companies. I really really hope that their books are clean.