HIGH TECHNOLOGY
From Times Staff and Wire Reports
SEC Accuses Ex-MiniScribe Officials: Turnaround specialist Q. T. Wiles of Sherman Oaks and 15 other former executives and employees of MiniScribe Corp., an essentially defunct computer disk-drive maker, were accused in a Securities and Exchange Commission complaint of overstating the company’s profit by millions of dollars. Longmont, Colo.-based MiniScribe has been under bankruptcy court protection since January, 1990, after new management uncovered what it called a “massive fraud” at the company. Wiles, 74, who left as chairman in February, 1989, denies any wrongdoing, attorney Cary Lerman said.
