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please answer all six questions 2-3 sentences each FRAUD CASEBOOK Bristol-Myers Squibb Read the following articles or other related articles regarding the Bristol-Myers case and
please answer all six questions 2-3 sentences each
FRAUD CASEBOOK Bristol-Myers Squibb Read the following articles or other related articles regarding the Bristol-Myers case and then answer the questions below: Sources: Security and Exchange Commission, "$750 Million Distribution Begins for Bristol-Myers Fraud Victims," June 8, 2006. Gold, Jeffrey, "Bristol Myers Reaches $300 Million Settlement," Yahoo! Finance, June 16, 2005 Starkman, Dean, "Civil charges Follow Indictments in Bristol-Myers Case," The Washington Post, August 23, 2005 Masters, Brooke A., "Bristol-Myers Ousts Its Chief at Monitor's Urging, The Washington Post, September 13, 2006. Short Answer Questions 1. By what percentage could Bristol Myers earnings have declined in 2002 as a result of the fraud? 2. What was the first period that the SEC believed that Bristol Myers "stuffed the channels?" 3. Was channel stuffing the only scheme perpetrated by Bristol Myers? If the answer is "no," name one other scheme. 4. What were the names of the marketing efforts that helped drive the need to channel stuff? 5. How much was the fine in the deferred prosecution agreement? 6. What was the total amount of fines and penalties levied against Bristol Myers? W Step by Step Solution
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