The Securities and Exchange Commission has accused two former executives of a San Francisco technology firm of backdating stock options to employees for four years and concealing payments of $14.6 ...
On06, Apple became embroiled in a stock option "backdating" scandal, prompting some to suggest Steve Jobs could lose his job.
The feds have fired their first official salvo in the stock-options backdating scandal, filing criminal and civil charges against executives at San Jose's Brocade Communications Inc. on Thursday. What ...
LOS ANGELES – LOS ANGELES (AP) — The former head of construction giant KB Home was convicted Wednesday of four felony counts in a stock option backdating scam. A federal jury in Los Angeles found ...
As you read this, hundreds of Silicon Valley CEOs are under their desks in full duck-and-cover mode, fearing that the Department of Justice or a shareholder mob might pounce at any time to cart them ...
Former Brocade Communications Systems Inc. CEO Gregory Reyes was convicted Tuesday of defrauding investors in the first stock options backdating case to go to trial. The guilty verdict on all counts ...
With the U.S. Attorney’s Office for the Northern District of California confirming that it’s investigating Apple’s backdating of stock options, it’s clear that the issue won’t fade away any time soon.
As top UnitedHealth Group executives were compensated with favorably priced stock options, there was concern at lower levels in the company going back years about the appropriateness of the practice, ...
A federal appeals court has thrown out the stock option backdating conviction of Gregory Reyes, the former CEO of Silicon Valley network equipment manufacturer Brocade. He was the first person to be ...
Comverse Technology Inc. former Chief Executive Jacob Alexander and two other ex-company officials were criminally charged as the government intensified a crackdown on stock-option manipulation.