DreamWorks Animation SKG Inc. said that the Securities and Exchange Commission is investigating the company’s write-down of “Turbo,” a movie released last summer, a company executive announced in a conference call on Tuesday as reported by Bloomberg News.
Glendale, Calif.-DreamWorks executives did not provide details regarding the investigation, only saying that the company learned about it in its second quarter and is cooperating with SEC officials, according to The Wall Street Journal.
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