WebNov 1, 2006 · There are three major areas of potential criminal liability for former executives involved in stock options backdating: securities fraud, tax fraud, and mail or wire fraud. … WebDec 24, 2007 · McAfee has taken two major steps toward closing the stock-option backdating scandal that has plagued the company for the past two years. On Friday, the security vendor filed 10 years’ worth of...
The Stock Option Backdating Scandal: Lessons for Privately-Held ...
The essence of the options backdating scandal can be summarized simply as executives falsifying documents in order to earn more money by deceiving regulators, shareholders, and the Internal Revenue Service (IRS). The roots of the scandal date back to 1972, when an accounting rule was put in … See more A series of academic studies was responsible for bringing the backdating scandal to light. The first was in 1995, when a professor at New York University reviewed … See more Betting on stock prices when you already know the answer is dishonest. A business run without integrity is a scary proposition. From a consumer's perspective, … See more WebOct 4, 2006 · A three-month investigation by Apple Computer's board of directors found that the company backdated option grants made on 15 dates between 1997 and 2002 and … optus facebook page
Today in Apple history: Steve Jobs in Apple stock backdating …
WebNov 6, 2006 · Hence, the lower the exercise price is, the greater the potential value of the option. Backdating occurs when stock options are granted on a particular date but the exercise price is intentionally backdated to the stock’s price on an earlier date, when the price of the stock was lower than on its actual grant date. http://www.fundamentalfinance.com/opinion/apple-options-backdating-scandal.php http://www.fundamentalfinance.com/opinion/apple-options-backdating-scandal.php optus emails not coming through