Leap puts off AT&T vote after conceding accounting mistakes

Leap Wireless has pushed back its vote scheduled for today on AT&T's $1.2 billion acquisition until Oct. 30 after the prepaid carrier admitted in a government filing to making "classification errors" in its capital spending reports in the last two years. Leap said that those statements can no longer be considered reliable. In an 8-K filing, Leap described how some property and equipment buys were mistakenly labeled as cash flows from operating and investing activities. Executives cited a "material weakness in internal controls."

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