Chipmaker Marvell Technology Group Ltd said a six-month investigation found no fraud in the way the company had booked its revenues in the past few quarters, sending the company’s shares up.

Marvell’s audit committee, however, concluded that the company’s internal controls were not fully followed and revenue was recognized prematurely for some transactions.

The committee also said there was “significant pressure” on sales and finance employees to meet revenue targets and raised questions about a patent the CEO had initially claimed as his before passing onto the company.

Marvell disclosed on Sept. 11 that it was investigating its revenue recognition practices in recent quarters.

It said on Tuesday it was evaluating whether any of the errors were material to any previously reported financial period. In case of errors, it would move shift revenue forward one quarter, the company said.

Marvell’s shares were up 2.4 percent at $9.78 on Tuesday morning. They had fallen 9.5 percent since company announced the accounting probe in September.

(Reporting by Kshitiz Goliya in Bengaluru; Editing by Saumyadeb Chakrabarty and Savio D’Souza)

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