Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile2 entries
2011
Securities-fraud class action
Investors filed a class-action lawsuit alleging that Tekelec made misleading statements about business dealings in emerging markets, including India, which allegedly inflated the company’s stock price and caused investor losses.
2006
Accounting-error restatements
Tekelec announced that accounting errors required it to restate financial results for 2003, 2004, and 2005.