Emulex hoax

The Emulex hoax, an instance of securities fraud, was a false 2000-08-24 press release claiming to be from Emulex Corporation. The release falsely claimed that the company's CEO was stepping down, that previously stated quarterly earnings were being revised downward, and that the company was under investigation by the U.S. Securities and Exchange Commission.

Emulex hoax

The Emulex hoax, an instance of securities fraud, was a false 2000-08-24 press release claiming to be from Emulex Corporation. The release falsely claimed that the company's CEO was stepping down, that previously stated quarterly earnings were being revised downward, and that the company was under investigation by the U.S. Securities and Exchange Commission.