Suntech says fraud to cut 2010 profit by $60 million-$80 million - Reuters

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHUYwbZ4rWTX_JVZGjFbo dFxjvlgwamp;url=http://www.pv-tech.org/news/suntech_lowers_2012_shipment_guidance_q3_revenue_d own_18img src=//nt2.ggpht.com/news/tbn/IkvxvMpvln-PZM/0.jpg alt= border=1 width=80 height=60 /br /font size=-2PV-Tech/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGMNaGI29Bkw2cXIikiLk ITqUJVbgamp;url=http://www.reuters.com/article/2012/12/07/us-suntech-gsf-idUSBRE8B60W720121207bSuntech says bfraud/b to cut 2010 profit by $60 million-$80 million/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1The company said that as a result of the alleged bfraud/b, it was now required to record a guarantee obligation higher than the prior obligation of $3 million. GSF Capital officials were not immediately contactable. Suntech shares were up 2.9 percent at b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFoRwtN0ecEE8zqzyXOzo vbBToc2wamp;url=http://www.bloomberg.com/news/2012-12-07/suntech-cuts-2012-panel-forecast-will-restate-for-alleged-fraud.htmlSuntech Cuts 2012 Panel Forecast, Will Restate for Alleged bFraud/b/afont size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=d_NJzzxE4QMPeZMfl7HZdL1wC2rYMamp;ned=en_z anobrball 20 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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