
Lucent Says SEC Hasn't Made Any Charges of Wrongdoing
Lucent
(LU)
said the
Securities and Exchange Commission
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has made "no charges of any kind" against the company for questionable accounting issues.
Shares of Lucent lately lost $1.71, or 10.1%, to $15.18 in afternoon trading on the
New York Stock Exchange
. The intraday low is $14.90, and the 52-week low is $12.18.