What is backdating options

It seems the rules were changed to benefit the CEO.”It may be that the example at Nissan was a single occurrence without a sign of repeat offenses.Japanese laws are not necessarily the same as those in the U. Also, times have been good for investors for a long time.

what is backdating options-89what is backdating options-6what is backdating options-10what is backdating options-17

The report presents an interesting study of the evolution of class action litigation in a jurisdiction outside the U. In the current Wall Street bailout, post-Madoff environment, sentiment may be running high for legislative reforms that could expand liabilities under …Continue Reading Broadcom Corporation, which previously settled its options backdating related derivative suit for 8 million, announced on December 29, 2009 (here) that it had settled the separate options backdating related securities class action lawsuit pending against the company and certain of its directors and officers in exchange for its agreement to pay 0.5 million. Continue Reading In a December 28, 2009 press release (here), the plaintiffs’ lawyers announced the settlement of the Comverse Technology options backdating-related derivative lawsuit.This derivative lawsuit settlement is separate from, but related to, the previously announced 5 million settlement of the Comverse Technology options backdating-related securities class action lawsuit (about which refer here). Continue Reading According to a December 17, 2009 press release from the lead plaintiff’s attorneys, the parties to the Comverse Technology options backdating related securities lawsuit have agreed to settle the case for 5 million dollars.Continue Reading Although some noteworthy settlements from the subprime-related securities class action litigation wave have started to accumulate (refer for example here), there are still some impressive settlements coming in from the prior scandal.In the third largest options backdating-related securities class action lawsuit settlement, Maxim Integrated Products has agreed to settle the claims against all …

Leave a Reply