Symantec conference call offers no details on investigation

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Monday’s statement did shed some light on the announcement. The “employee concerns” that kicked off the audit involved Symantec’s commentary on historical financial results, and certain reporting measures that could impact executive compensation programs, forward-looking statements, stock trading and retaliation, according to the statement.

“For anyone concerned about executive compensation at this time, all discretionary and performance-based compensation for named executives is on hold pending the outcome of the audit committee investigation. This is welcomed by management,” Clark said.

The statement also said Symantec did not anticipate “a…

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