The Securities and Exchange Commission settled a civil action against IBM employee Kevin B. Collins for aiding and abetting IBM client Dollar General Corp.‘s commission of accounting fraud. The SEC alleged Collins assisted Dollar General in a sham transaction that was designed to increase IBM’s revenue for fiscal year 2000 and increase Collins’ bonus compensation. Collins agreed to pay $95,000, including $48,769 in disgorgement, $21,231 in prejudgment interest and a $25,000 civil penalty. Around the same time in a related matter, the SEC settled an administrative proceeding against IBM involving Dollar General. See IBM Corporation misconduct instance “Securities Violations (Dollar General).”