Defendant Name: Affiliated Computer Services, Inc.

Defendant Type: Public Company
SIC Code: 7374
CUSIP: 00819010

Document Reference: comp21643

Document Details

Legal Case Name SEC v. Affiliated Computer Services, Inc.
Document Name Complaint
Document Date 09-Sep-2010
Document Format Civil Proceeding
Case Number 10-cv-01515
Federal District Court District of Columbia, District of Columbia
Federal District Judge Emmet G. Sullivan
Allegation Type Issuer Reporting and Disclosure
Document Summary On September 9, 2010, the SEC filed a complaint against Affiliated Computer Services, Inc. According to the SEC, the company: "engaged in fraudulent and deceptive scheme to provide executives and other employees undisclosed compensation. The former CEO and CFO backdated the grant dates of ACS stock options to coincide with the dates of low closing prices for the company's stock, resulting in disguised 'in-the-money' option grants."

Related Documents:

LR-21643 09-Sep-2010 Litigation Release
Affiliated Computer Services, Inc. Settles Charges of Stock Options Backdating and False Disclosures
On September 9, 2010, the SEC published a litigation release announcing that it filed a settled civil action against Affiliated Computer Service, Inc., charging the company with violations of stock options backdating and false disclosures. The settlement is subject to court approval.
court_doc3_10-cv-01515 15-Sep-2010 Court Docket Document
Final Judgment as to Defendant Affiliated Computer Services, Inc.
On September 14, 2010, Federal District Judge Emmet G. Sullivan entered final judgement against Affiliated Computer Services, Inc. pursuant to the consent of Affiliated Computer Services, Inc.

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Kevin R. Kyser
Lynn R. Blodgett