Authority and currency
About this authority
- Publisher
- U.S. Securities and Exchange Commission
- Standing
- Primary authority
- Version
- Civil complaint filed with consent settlement
- Relevant parts
- Paragraphs 1-2; lease revenue allocation and acceleration allegations
- Currency
- current · checked Aug 7, 2026
Xerox is useful because a lease bundles different economic components and periods. The case asks which amount belongs to equipment revenue now and which belongs to later service or financing—not whether total contract cash can be made larger by changing the allocation.