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House Requests Global Crossing's Financial Records
A congressional committee has asked Global Crossing (GBLXQ Quote) to turn over numerous financial records and internal documents by March 26, the Dow Jones News Service reported.
The telecommunications company, which filed for Chapter 11 bankruptcy protection in January, is under investigation by the Securities and Exchange Commission for alleged accounting improprieties.
"We look forward to working with the committee in connection with this request," the company said in a statement late Tuesday. ...
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