Case_Assignment_2_-_CP8-9_Modified - MGT B05 2011 FALL -...

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MGT B05 – 2011 FALL - CASE ASSIGNMENT 2 DUE DATE : WEEK OF NOVEMBER 29 (CLASS 12) PLEASE IGNORE THE QUESTIONS AND REUIREMENTS LISTED UNDER CP 8-9 AND USE THIS QUESTION FOR THE ASSIGNMENT Micro Computer Warehouse Inc. (MCW) is a computer software and hardware online and catalogue sales company listed on the Toronto Stock Exchange. The following press release was issued to the public immediately after the release of its 2011 financial statements : MICRO COMPUTER WAREHOUSE IS REORGANIZING TOP MANAGEMENT : Micro Warehouse Computer Inc.(MCW) announced a “significant reorganization” of its management, including the reorganization of three senior executives. The move comes immediately after the release of its 2011 financial statements which MCW indicated it overstated earnings by $ 28 million as a result of accounting irregularities. That previous disclosure prompted a flurry of shareholder lawsuits against the company. In addition, MCW said it is cooperating with an “informal inquiry” by the Securities and Exchange
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This note was uploaded on 12/29/2011 for the course MANAGEMENT MGTB05 taught by Professor Georgequanfun during the Fall '11 term at University of Toronto- Toronto.

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Case_Assignment_2_-_CP8-9_Modified - MGT B05 2011 FALL -...

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