Is backdating stock options illegal sinhalaschoolgirlssex

Posted by / 28-Oct-2018 22:53

Is backdating stock options illegal

Backdating may also violate accounting rules because the stock options, which are equal to extra pay, affect the company's bottom line.

Exercising them after it has reached would bring a profit of times 100,000, or million.

Dozens of companies – including United Health Group, Comverse Technology, Vitesse Semiconductor and Affiliated Computer Services – have caught the eye of the Securities and Exchange Commission and the Department of Justice for the timing of their stock option grants.

The question: did these companies backdate options grants – and falsify records – to make them more lucrative for their top employees?

The odds of winning the Powerball lottery, meanwhile, are one in 146 million, the newspaper reported.

Corporate board members, who are notorious for self-promotional back scratching of chief executives, are guilty of either approving these excesses or looking the other way.

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Some observers have said this is just the tip of the iceberg.