SAN CARLOS, Calif. -- Liberate Technologies announced today that the U.S. Securities and Exchange Commission has issued a formal order of investigation to determine whether there have been violations of the federal securities laws or regulations. Liberate had previously announced that it would be working with regulatory authorities in connection with the accounting review being conducted by its Audit Committee. By formalizing this previously informal discussion, the SEC will be able to subpoena individuals and entities. Liberate will continue to fully cooperate with the SEC as it moves forward in this process. Liberate Technologies Securities and Exchange Commission (SEC)