But even the confession of wrongdoing was not enough to satisfy the SEC, which is investigating the company's accounts.

ECONOMIST: A guide to corporate scandals | The

Files released in 1991 - spanning incidents from 1971 to 1991 - also showed a pattern of failure to report sexual abuse to the police, even when a confession had been made.

BBC: Boy Scouts release files on suspected child sex abusers

And the lawsuit said he even met Armstrong years before the confession.

CNN: January 24, 2013 -- Updated 0750 GMT (1550 HKT)