Options backdating
Analog Devices and CEO Settle Stock Option Backdating Charges
By admin - Posted on June 2nd, 2008
Washington, D.C., May 30, 2008 — The Securities and Exchange Commission today charged Massachusetts high-tech company Analog Devices, Inc. and its CEO Jerald Fishman for reporting false compensation and related financial information to investors by backdating stock option grants to officers, directors and employees.
Without admitting or denying the SEC's findings, Analog and Fishman agreed to settle charges against them by consenting to the entry of an administrative cease-and-desist order. » read more »
SEC Charges Four Current and Former Broadcom Officers for Backdating Options
By admin - Posted on May 15th, 2008
Washington, D.C., May 14, 2008 — The Securities and Exchange Commission today charged two current and two former top officers of Irvine, Calif.-based Broadcom Corporation for their alleged participation in a five-year systematic scheme to secretly backdate stock options granted to virtually all Broadcom officers and employees.
Broadcom: Photo by Nate McBean (CC) » read more »
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