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Channel stuffing
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<h2 id="references">References</h2> <ol> <li id="fn:1"><p>Jerry W. Markham (2006). A Financial History of Modern U.S. Corporate Scandals: From Enron to Reform. M.E. Sharpe. pp. 218–20. ISBN 978-0-7656-1583-1. <a href="978-0-7656-1583-1" target="_blank">978-0-7656-1583-1</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></p></li> <li id="fn:2"><p>"Bristol-Myers Squibb Company Agrees to Pay $150 Million to Settle Fraud Charges" (Press release). US Securities and Exchange Commission. August 4, 2004. 2004-105. Retrieved May 9, 2015. <a href="https://www.sec.gov/news/press/2004-105.htm" target="_blank">https://www.sec.gov/news/press/2004-105.htm</a> <a href="#fnref:2" class="footnote-back-ref">↩</a></p></li> <li id="fn:3"><p>"McAfee, Inc.: Lit. Rel. No. 19520" (Press release). US Securities and Exchange Commission. January 4, 2006. While engaging in this "channel stuffing," McAfee improperly recorded the sales to distributors as revenue. <a href="https://www.sec.gov/litigation/litreleases/lr19520.htm" target="_blank">https://www.sec.gov/litigation/litreleases/lr19520.htm</a> <a href="#fnref:3" class="footnote-back-ref">↩</a></p></li> <li id="fn:4"><p>"Bristol-Myers Squibb Company : Lit. Rel. No. 18822" (Press release). US Securities and Exchange Commission. August 6, 2004. Retrieved May 9, 2015. Bristol-Myers inflated its results primarily by: (1) stuffing its distribution channels with excess inventory near the end of every quarter in amounts sufficient to meet sales and earnings targets set by officers ("channel-stuffing") <a href="https://www.sec.gov/litigation/litreleases/lr18822.htm" target="_blank">https://www.sec.gov/litigation/litreleases/lr18822.htm</a> <a href="#fnref:4" class="footnote-back-ref">↩</a></p></li> <li id="fn:5"><p>"Glancy Binkow & Goldberg LLP – Attorneys at Law". Glancylaw.com. January 21, 2004. Archived from the original on June 21, 2008. Retrieved January 5, 2009. <a href="https://web.archive.org/web/20080621221725/http://www.glancylaw.com/amazing_case.php?caseid=125" target="_blank">https://web.archive.org/web/20080621221725/http://www.glancylaw.com/amazing_case.php?caseid=125</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></p></li> <li id="fn:6"><p>O'Sullivan, Kate (2005-06-01). "Kremed!". CFO Mag. Archived from the original on 2013-01-15. Retrieved 2012-08-09 – via CFO.com. <a href="https://web.archive.org/web/20130115234101/http://www.cfo.com/printable/article.cfm/4007436?f=options" target="_blank">https://web.archive.org/web/20130115234101/http://www.cfo.com/printable/article.cfm/4007436?f=options</a> <a href="#fnref:6" class="footnote-back-ref">↩</a></p></li> </ol>