Sunday, June 11, 2006

more companies being investigated for backdated options

[8/11/06] Morningstar's take of options backdating and what to do if a company you own is caught up in the scandal.

[6/11/06] WASHINGTON - Alarmed by the possible manipulation of stock options to enrich top executives at a growing number of companies, federal regulators are looking at refining their plan to expand public disclosure of compensation.

The list of public companies under investigation by the Securities and Exchange Commission or federal prosecutors regarding the suspicious timing of options grants has grown to at least 30, and executives at several companies have been fired in recent weeks.

[InvestorGuide Daily]

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