Here’s an inter­esting article that discusses why an MBA is better than a CA. The article is from India but I think a lot of it is trans­ferrable to Canada. Not that I agree with the author in any way — in fact, she is completely and utterly wrong in every available aspect. Her main […]

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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 committee began the inves­ti­gation because of news about irreg­u­lar­ities in the way that dozens of […]

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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 2004 the company inflated net income by under­stating their options-related expense through fraud­ulent schemes to […]

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Departing Senior VP and General Counsel Timothy Stevens of Borland Software has worked a deal whereby he gets to keep the “Company-issued laptop computer, monitor, printer and docking station used by Executive prior to the Separation Date together with the related loaded software, acces­sories and power cords.” If I left my firm I wouldn’t want to […]

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The SEC has announced it’s going to be including companies’ external auditors in their inves­ti­gation into options timing abuses commonly known as backdating. Author­ities were said to be looking at what auditors knew about company manip­u­lation of options’ grant dates and exercise prices to boost their value to execu­tives who got them. About 30 companies […]

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