Network Associates under SEC probe

Network Associates is being investigated by the Securities and Exchange Commission, the company said Tuesday. The SEC is looking at the security software company's accounting for 2000, the company said, adding that it believes the investigation relates to issues that predate the current management team's arrival in 2001. Network Associates said it has reviewed its books for 2000 with its outside auditors and "continues to believe that the accounting was proper." The company did not specify what specifically was being investigated. CEO George Samenuk took over at Network Associates in January 2001, replacing William Larsen. --Margaret Kane, Special to ZDNet News