TOKYO, July 5 /Xinhua-PRNewswire-FirstCall/ -- Trend Micro Inc. (TSE:4704)(NASDAQ:TMIC), announced that its Chief Executive Officer Eva Chen has advised the Board of Directors that the staff of the U.S. Securities and Exchange Commission ("SEC") may recommend that the SEC commence a civil enforcement action against Ms. Chen for alleged violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder involving her spouse, Daniel Chiang, and trading in the securities of SINA Corporation. Mr. Chiang is former co-chairman of SINA Corporation. The SEC staff has also inquired into whether Ms. Chen under-reported her holdings in Trend Micro shares. The Company is not aware of any allegations against Ms. Chen that would be attributable to the Company. The Board of Directors and the Board of Corporate Auditors (for a description of the Board of Corporate Auditors, please refer to our annual report on Form 20-F for the year ended December 31, 2005, which has been filed with the SEC) are monitoring the effects of this development on the Company. About Trend Micro Trend Micro Incorporated is a leader in network antivirus and Internet content security software and services. The Tokyo-based corporation has business units worldwide. Trend Micro products are sold through corporate and value-added resellers and managed service providers. For additional information, visit http://www.trendmicro.com/ . For Additional Information Mr. Mahendra Negi Chief Operating Officer / Chief Financial Officer / IR Officer Phone: +81-3-5334-4899 Fax: +81-3-5334-4874 Email: DATASOURCE: Trend Micro Inc. CONTACT: Mr. Mahendra Negi of TMIC, +81-3-5334-4899, or fax, +81-3-5334-4874, or Web site: http://www.trendmicro.com/

Copyright

Trend Micro (NASDAQ:TMIC)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Trend Micro Charts.
Trend Micro (NASDAQ:TMIC)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Trend Micro Charts.