IBM's Subpoenas to Analysts and Investors: Why? Why? Why? (Groklaw)

Groklaw follows the money in a look at SCO's financial dealings. The bulk of the article is a lengthy investigation into yet another SCO lawsuit: the one charging securities fraud relating to SCO's (Caldera's) IPO. This has looked like a routine dotcom IPO sleaze case, but there is, it seems, an added twist: the use of paid "analyst opinions" to inflate the value of the stock. "Of course, being accused of something isn't at all the same as being found guilty of it. But at a minimum, I think we can assume that IBM is aware of this case. and while I have no inside information, I'm guessing that this little piece of history might inspire them to be interested in talking to the current crop of analysts, in addition to whatever other reasons they might have."

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