Altera Gets SEC Information Request

The company is asked to disclose equity analyst communication information.

Author:
Publish date:: Sep 22, 2005 7:59 PM EDT

Altera

has received a request from the

Securities and Exchange Commission

asking the company to voluntarily provide information relating to its communications with equity analysts and their firms.

The company is cooperating fully in this matter, Altera said in a press release late Thursday.

According to a

Dow Jones

report earlier Thursday, the request comes after a public apology that Altera issued in July to a former Wells Fargo analyst who had alleged that he was denied access to conference calls and other communication as punishment for negativity on the company's stock.

"As previously stated, Altera's policy is to grant access to all analysts who cover the company," the company said in the statement.

Wells Fargo exited the equities research business on Aug. 2.