The SEC announced this week that $67 million has been distributed to investors that were harmed as a result of the alleged financial fraud at McAffee, Inc. The money has gone out to more than 16,000 investors.
The money comes from the Fair Fund that was created after McAffee’s settlement agreement. In the agreement, McAffee agreed to pay approximately $50 million in penalties and disgorgement. The additional $16 million in the fund comes from settled enforcement actions from Ingram Micro, Eric G. Borrmann and Terry W. Davis.
