Latest Options backdating Stories
Among corporations involved in the 2006 stock-option backdating scandal, those implicated earlier were more likely to dismiss their top executives than those that surfaced later on.
The former president and chief operating officer of Monster Worldwide, James J. Treacy, was found guilty by a jury of securities fraud and conspiracy in a stock options backdating scheme.
Three top executives of the Canadian manufacturer of BlackBerry devices have been ordered to repay $77 million for improper stock option backdating. The Ontario Securities Commission struck the settlement with Research in Motion co-Chief Executive Officers James Balsillie and Mike Lazaridis and Chief Operating Officer Dennis Kavelman, the Globe and Mail reported Friday. The OSC determined over a 10-year period, stock options had been backdated, The newspaper said options only become valuable...
A settlement has been reached between the Ontario Securities Commission and Research in Motion, the maker of the Blackberry, after an investigation into backdating of its stock options, the New York Times reported.
Several of Apple Inc.â€™s current and former executives and directors, including CEO Steve Jobs, CFO Peter Oppenheimer and former CFO Fred Anderson, have agreed to settle a lawsuit that claimed the company was harmed by their role in Apple's mishandling of stock option grants.
By ; wire report Sunnyvale Yahoo Inc. climbed for a second day after a report that the Internet company may compromise to end a proxy challenge by billionaire investor Carl Icahn. Yahoo rose 47 cents, or 2.2 percent, to $21.35 at the close of trading.
By wire WASHINGTON -- The former top attorney at Apple Inc. on Thursday agreed to pay $2.2 million to settle federal regulators' charges that she altered company records to conceal improper backdating of stock options for senior executives including Steve Jobs.
By MARCY GORDON WASHINGTON -- The former top attorney at Apple Inc. on Thursday agreed to pay $2.2 million to settle federal regulators' charges that she altered company records to conceal improper backdating of stock options for senior executives including CEO Steve Jobs.
By Edward Iwata The former top lawyer for Apple agreed to settle federal charges against her that she helped to fraudulently backdate stock-option grants to Apple CEO Steve Jobs and other Apple executives, regulators said Thursday.
By Troy Wolverton, San Jose Mercury News, Calif. Jul. 22--In a move that could challenge Cisco's dominance in the network equipment market, San Jose-based Brocade Communications Systems announced Monday that it plans to buy Foundry Networks in a $2 billion deal.