Dell has announced today that it has reached a settlement with the SEC over alleged disclosure and accounting practices that violated securities and SEC rules. Dell has settled with the SEC for $100 million.
Dell had previously announced that it had set aside that $100 million amount for a settlement. The settlement comes with no admission of guilt by Dell.
Michael Dell also had to pay a $4 million civil monetary penalty. There are no restrictions on how Dell can work with his company at this time.