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Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

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Holzer Holzer & Fistel, LLC Announces Investigation into Tech Data Corp

Tuesday, 16 Apr 2013 10:08am EDT 

Holzer Holzer & Fistel, LLC announced that it is investigating whether Tech Data Corp (Tech Data or the Company) and/or certain of its officers and directors complied with state and federal laws in making public statements between May 23, 2011 and March 21, 2013. On March 21, 2013, after the market closed, Tech Data issued a press release disclosing that the Company would be restating its previously issued financial statements for some or all of its 2011 and 2012 fiscal years and some or all of the Company`s 2013 fiscal quarters, due to improprieties related to how the Company`s U.K. subsidiary reflected vendor accounting. 

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