Stock Options
SEC Sues Broadcom Founder, Others, Over Alleged Backdating
Though the stock-options backdating scandal is well into Year Three, it’s still making headlines. The latest: the SEC has charged Broadcom founder and former CEO Henry Nicholas III of participating in a scheme to backdate employee stock-option grants between 1998 and 2003. Three other men were named in the suit: current chairman Henry Samueli, current [...]
SEC Accuses Former Pixar CFO of Backdating
Disney's Pixar is the latest company to be accused of improperly backdating its awards of stock options.
Recent Rulings Pose Potential Threat to Backdating Settlements
Here's what happens when a judge uses some independent thought in reviewing the adequacy of a settlement. Turns out paying attorneys' fees and making some token changes to corporate goverance won't always suffice.
