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Tuesday, June 13, 2006

More Math To Do At Bisys

by: Marie Glancy

After restating its financials for the year ended June 30, 2005, Bisys Group has found other accounting errors in that restatement. In an SEC filing, the firm said the errors involve acquisitions made by its life insurance services arm between 2001 and 2003, and should have an after-tax cumulative impact of less than $3 million for stockholders. 

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