Tag Archives for backdating
Apple’s “select” listing on the Nasdaq in jeopardy
Apple has informed investors that due to the ongoing investigation into their options backdating problems, they may be removed from the Nasdaq’s special “Global Select Market.” How select, you may ask? Well, a mere 1/3 of companies listed on the … Continue reading →
06. February 2007 by Neil
Categories: Accounting |
Tags: Activision, Apple, backdating, Governance, IT, Nasdaq, options, Steve Jobs |
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BlackBerry maker getting the probe on options backdating
The Ontario Securities Commission has launched a probe of Research In Motion’s stock option practices. An OSC spokesperson said the review was launched in early October, which is not long after the company announced it would have to restate past … Continue reading →
09. November 2006 by Neil
Categories: Accounting |
Tags: Accounting, backdating, BlackBerry, GAAP, IT, options, RIM, SEC |
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Loading springs and dodging bullets
Two terms, “spring-loading” and “bullet-dodging” have reminded me of the tendency in business to put a positive spin on negative practices. Spring-loading refers to the practice of granting options immediately before releasing good news that will likely increase the stock … Continue reading →
16. September 2006 by Neil
Categories: Accounting |
Tags: backdating, compensation, insider, options, SEC |
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Novell investigating its options grants
Another tech company has announced it is conducting internal investigations into their options grant practices. This time it is Novell, a company known for its NetWare network operating system and more recently as a Linux company. Novell said its audit … Continue reading →
01. September 2006 by Neil
Categories: Accounting |
Tags: backdating, compensation, executive, IT, Novell, options |
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First options backdating investigation initiated by SEC
Brocade Communications Systems has become the first company to be formally investigated by the SEC regarding the recent options backdating issue. According to the SEC’s complaint document, which names three former executives of the company as plaintiffs, from 2000 through … Continue reading →
21. July 2006 by Neil
Categories: Accounting |
Tags: backdating, Brocade, executive, GAAP, options, SEC, standards |
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