Notebook vendor Rock Group has gone into administration, according to a statement on its website.
The statement blames the failure on "cash flow difficulties" as a result of "stock misappropriation by a former employee".
Failure due to 'stock misappropriation by staff member' says statement on website
Personal Computer World, 08 May 2008
Notebook vendor Rock Group has gone into administration, according to a statement on its website.
The statement blames the failure on "cash flow difficulties" as a result of "stock misappropriation by a former employee".
Dominic Wong and David Langton of Deloitte and Touche have been appointed joint administrators.
A skeleton staff has been retained while attempts are made to sell the business as a going concern. The company statememt said: "The administrators are currently liaising with a number of potentially interested parties in this regard."
Unconfirmed web reports said UK mobile content company Rok Entertainment had bought a controlling interest in Rok.

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