Dell announced back in June that it’s set aside a $100 million reserve account for the intensity settlement, and it looks like it’s right away finally starting to have to make use of it — the sovereign decider has currently approved the allotment with the supervision for which really volume in the long-standing polite fraud box brought by a SEC. Of particular note, CEO Michael Dell himself has agreed to pay a $4 million fine, although conjunction he nor the company has actually certified to any indiscretion in the settlement. Dell did say that the company is committed to implementing the range of reforms it’s promised, however, and adds which “we will positively live up to all the commitments in a settlement.” As for the SEC, attorney John Worland says which a allotment is “appropriate,” as well as he records that there isn’t any evidence which Dell intended to defraud.

Via Engadget