#<p><img class="alignleft size-full wp-image-5198" alt="IBM logo" src="http://channeleye.co.uk/wp-content/uploads/2013/10/IBM_logo.gif" width="330" height="121" />Big Blue has been sued by a shareholder who thinks the company committed securities fraud by failing to write down a money-losing semiconductor unit before agreeing to pay another company $1.5 billion to take that unit off its hands.</p>
<p>In October IBM’s said it would sell the unit to GlobalFoundries (GloFo) and take a related $4.7 billion pre-tax charge. <a href="http://channeleye.co.uk/ibm-sued-for-alleged-securities-fraud/" class="read_more">more&#187;</a></p><div class="feedflare">
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