Case 22: Symbol Technologies (2004)

• Prof. Dr. Klaus Henselmann
• Dr. Stefan Hofmann

To the outside world, Symbol Technologies, Inc. was an icon of high-tech innovation, a pioneer in producing cutting-edge bar-code scanners and related information technology. To federal prosecutors, however, the Holtsville, New York-based company was more fittingly viewed as a classic case study in accounting fraud. “This was a veritable playbook of corporate fraud,” the chief prosecutor, Roslynn R. Mauskopf, said. “They cooked the books every which way they could. The executive misconduct was breathtaking in its scope.”

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