Lucent subpoenaed in Georgia E-rate probe

"Lucent Technologies Inc. last week disclosed it has been asked to supply documentation to a federal grand jury in Georgia examining antitrust violations of the schools and libraries subsidy program known as the E-rate.

"The subpoena 'relates to a Department of Justice investigation of potential antitrust and other violations by various participants in connection with the federal E-rate program. The subpoena requires us to produce documents before a grand jury of the U.S. District Court in Georgia,' Lucent told the Securities and Exchange Commission. 'It is too early for us to determine whether this matter will have a material effect on our business, financial position, results of operations or cash flows.'" [RCR Wireless News]