Sounds like some accountants are in trouble but honestly if I was an investor I would worry more about the quite obvious drop in quality of Logitech products the last few years than some inventory restatements from several years ago.
Human-computer interface slinger Logitech’s three month self-examination into suspected financial blunders has concluded and the outcome could have been worse, much worse. The keyboard, mouse and pointer slinger said in May that it, along with the SEC, was conducting a probe into previous financial restatements regarding …
if I was an investor I would worry more about the quite obvious drop in quality of Logitech products the last few years
You have to be fair though - they've moved downmarket. 18 months ago I finally had to replace my old Logitech Mouseman bought in January 96 and used continuously since then. That cost just under £40 at the time - if it had kept track with inflation that'd be at least £70 now, which by modern standards is a hell of a lot of money for a basic mouse, albeit one of very good quality. The cheapest Logitech mouse back then would have been the Pilot which went for around £25 if memory serves. Now you can get a perfectly serviceable Logitech mouse for under a fiver. Sure it doesn't feel as solid as the mice of old, but on the other hand it isn't some flimsy thing that will fall apart in twelve months either.
My point is that they've had to move with the market. Back when I bought that mouse the average cost of a new desktop PC was around £1000 so you can justify £50-80 on top quality input devices as part of that expenditure. These days it seems the average PC is around £400 - even neglecting inflation that doesn't allow the same sort of budget for your keyboard and mouse so no, you don't get that sort of top-quality design and manufacture.