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Shareholder ends lawsuit against IBM over China risks, NSA scandal

06
May
2014

An IBM Corp shareholder has voluntarily ended a lawsuit accusing the company of concealing how its cooperation with a National Security Agency spying program cost it business in China and led to a nearly $13 billion plunge in the companys market value. The dismissal follows an extensive additional investigation into the matters alleged, which included […]

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Lawsuit accuses IBM of hiding China risks amid NSA spy scandal

13
Dec
2013

By Jonathan Stempel NEW YORK (Reuters) – IBM Corp has been sued by a shareholder who accused it of concealing how its ties to what became a major U.S. spying scandal reduced business in China and ultimately caused its market value to plunge more than $12 billion. IBM lobbied Congress hard to pass a law […]

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