IBM deliberately misclassified mainframe sales to enrich execs, lawsuit claims
Lawsuit accuses Big Blue of cheating investors by shifting systems revenue to trendy cloud, mobile tech Special report IBM has been sued by investors who claim the company under former CEO Ginni Rometty propped up its stock price and deceived shareholders by misclassifying revenues from its non-strategic mainframe business - and moving said sales to its strategic business segments - in violation of securities regulations....