i2 Technologies, Inc.

On June 9, 2004, the SEC filed a settled enforcement action against i2 Technologies, Inc. in connection with alleged violations of the antifraud and other provisions of the federal securities laws through, among other things, improper revenue recognition. As part of the settlement, i2 agreed to pay a $10 million civil penalty into a fund for the benefit of defrauded i2 investors. For more information about the SEC’s action, you can read Litigation Release No. 18741 (June 9, 2004).

The $10 million has been paid into the registry of the Court. The distribution will be made either through: (i) the private securities class action against i2, Scheiner v. i2 Technologies, Inc., et al., Civil Action No. 3:01-CV-418-H, in the United States District Court for the Northern District of Texas, Dallas Division; or (ii) a disbursement agent appointed by the Court in the SEC enforcement action.

When we have more information, we will update this web page.

http://www.sec.gov/divisions/enforce/claims/i2tech.htm