MURRAY HILL, N.J., Feb. 28 -- Lucent Technologies said yesterday it has reached an agreement in principle with the Securities and Exchange Commission (SEC) that would resolve the commission's investigation of the company. The agreement is subject to final approval of the commission. Under the agreement in principle, the company would pay no fines or penalties and would not be required to make any financial restatements. The settlement would conclude the SEC's investigation of Lucent. "We self-reported certain revenue recognition issues to the SEC in November and December 2000 as soon as we discovered them and cooperated with the SEC," said Patricia Russo, chairman and CEO of Lucent Technologies. "We are very pleased to be able to put this issue behind us in this manner and totally focus on moving our business forward." For more information, visit: www.lucent.com