Office Depot on Deathwatch
|If Office Depot goes out of business, where will these two people in Bizmarck, North Dakota, go for office supplies?|
This past December, Office Depot said it had agreed to pay a civil penalty to settle an SEC investigation that began in 2007. The inquiry primarily involved allegations that Office Depot leaked information to financial analysts, violating Regulation FD, which prohibits selective disclosure of financial information. It also involved separate inquiries into vendor payments, intercompany loans, and other accounting issues.That's from CNN/Fortune. Full article here. For more on the mess at Office Depot, check out the South Florida Biz Journal coverage here.