Quantum: We've got that accounting probe taped. Now about refinancing...

Timing is everything: Quantum Corp is renegotiating a refinancing package that could, if not agreed, take the business down. At the same time, it is nearing the end of an accounting probe that has highlighted serious revenue recognition errors in multi-year results that will need to be rectified. An investigation by the firm's …

[YetAnotherJoeBlow]

Civil?

From what I've seen, a case could be argued for criminal charges to be filed.