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IBM Lawsuits Over Alleged Fraud Are Piling Up

posted by Roy Schestowitz on Jul 21, 2026

Days ago: One Heck of a Week for IBM, the 'Grandpa' of 'High-Tech', International Business Machines Corporation (NYSE:IBM) Under Investigation by Bronstein, Gewirtz & Grossman, LLC

Today: IBM Investigation Notice: IBM Product Slowdown and 25% Stock Drop Trigger Securities Fraud Investigation

IBM Investigation Notice: IBM Product Slowdown and 25% Stock Drop Trigger Securities Fraud Investigation

We saw several others, some over mainframe lies.

We've lost track (or count) of how many legal actions got filed against IBM over allegedly false financing/accounting (in colloquial terms, "cooking the books"), but we saw highly misleading WSJ coverage about what happened last week and then, a few days ago, we saw the same in BI, owned by German billionaires and employing a former WSJ (Murdoch) hack to portray the culprit (Krishna) as the saviour. Does Krishna use his ill-gotten fortunes to engage in a media blitz or is that paid by someone else, maybe derived from IBM's own corporate purse/wallet?

We'll keep an eye on the lawsuits. IBM is down sharply today (yes, again). █

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