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InternetNews November 22, 2006 Catherine Pickavet |
VeriSign to Restate $250M Following Options Probe Internet security company VeriSign will be forced to restate as much as $250 million in earnings during 2001 to 2005 and part of 2006 due to what it termed "incorrect measurement dates" and other administrative blunders. |
The Motley Fool June 28, 2006 Rick Aristotle Munarriz |
Grand Jury Tunes In to CNET A month after the SEC began an inquiry into the potential backdating of stock option grants at CNET Networks, a grand jury subpoena has also been issued to get to the bottom of this. Shares are trading more than 4% lower today on the news. |
The Motley Fool December 19, 2006 David Lee Smith |
Monster's Monstrous Contretemps The job-listing service is the latest to join the backdating club. So where will this stock-option dishonesty lead us? Most of the companies besmirched by stock-option dating irregularities have seen their share prices remain generally unaffected. |
The Motley Fool October 24, 2006 Seth Jayson |
Ceradyne Cooks More Than Ceramics There was options backdating, but "no intentional misconduct?" Baloney. Shareholders deserve better. |
The Motley Fool January 3, 2007 Rich Duprey |
McAfee Orders a Recount The security software maker reprices backdated stock options. The total cost to McAfee -- and shareholders -- is currently unknown. |
InternetNews December 13, 2006 Ed Sutherland |
Monster Takes $339M Stock Options Charge Monster Worldwide, the parent company of online job site Monster.com, said it will take a $339.6 million charge to pay for stock-option grants that former employees "intentionally" recorded incorrectly between 1997 and March 31, 2003. |
InternetNews October 4, 2006 David Needle |
Jobs Knew of Backdating Apple Computer released results today of an investigation into the backdating of stock option grants, saying it found that CEO Steve Jobs was aware of the practice. |
The Motley Fool January 18, 2007 Rich Duprey |
A Monster of a Problem Prosecutors scrutinize the job search site over stock-option backdating allegations. What does it mean to investors? |
The Motley Fool June 30, 2006 Rick Aristotle Munarriz |
Backdating Scandal Bites Apple Apple may "think different" when it comes to accounting practices, too. The company announced that an internal investigation led to the uncovering of mishandled stock option grants between 1997 and 2001. Investors, take note. |
The Motley Fool August 30, 2006 Rich Duprey |
Meade Zooms In on Options The telescope maker finds stock-option errors but says they're not related to backdating scandals. When the company gets around to finally filing its revised financial statements, let's hope shareholders aren't knocked so badly that they're seeing stars. |
InternetNews July 13, 2006 |
Feds Eye Bay Area Tech in Options Scandal The U.S. Attorney for the Northern District of California is looking into allegations that several Bay area companies abused the practice of timing stock options; something of a tradition in the tech industry. |
InternetNews April 24, 2007 Michael Hickins |
SEC Charges Former Apple Attorney With Fraud SEC levies fraud charges at Apple's former general counsel and settles with its former CFO in connection with a stock options backdating scandal. |
The Motley Fool January 16, 2007 Rich Duprey |
Is Backdating Really So Bad? Is repricing options really a crime, or simply a mild accounting gimmick? However, backdating stock options carries a real cost to shareholders. |
The Motley Fool December 22, 2006 Rich Smith |
Progress at Last? The significant news this week is that software maker completed its review of historical stock options grants, filed its restated financials with the SEC, and laid bare its stock options story in astonishingly frank detail. Investors, take note. |
The Motley Fool July 12, 2007 Rich Duprey |
Backdating Boredom It seems everyone from investors to the justice system is tiring of the stock options scandal. |
The Motley Fool April 20, 2006 Rich Duprey |
Backdating Battle The SEC investigates stock option backdating at a dozen companies. Should the investigations uncover actual proof of wrongdoing at these or other companies, not only should the executives be held accountable for their actions, but the boards of directors should be punished as well. |
The Motley Fool February 8, 2007 Dan Caplinger |
Make the Most of Stock Options: The Basics Stock options can give employees of successful companies a huge incentive to work hard toward building shareholder value. Options can be a valuable part of compensation, but you have to manage them well. |
The Motley Fool January 17, 2007 Rich Duprey |
Digital River Bound for Rough Waters? The e-commerce outsource provider may have lurking backdating concerns. Investors, take note. |
The Motley Fool July 27, 2006 |
Foolish Mid-Year Review: Grabbing Investors' Attention Backdating, hedge funds, and Home Depot made up the more memorable -- and infamous -- moments of early '06. Home Depot Abdicates Responsibility by Rich Duprey... Listen, Learn, Change by Ryan Fuhrmann... etc. |
The Motley Fool July 3, 2006 Rich Duprey |
KLA's Optional Disclosure The chip manufacturer waits for a long weekend to announce the results of an options probe. The ultimate cost to the company and the amount of restating that will have to take place will likely be significant. Investors, take note. |
The Motley Fool October 12, 2006 David Meier |
Bed Bath & Beyond Comprehension The company tries to absolve itself in the stock options controversy, but doesn't. Investors, corporate America is just greedy, and this whole backdating issue exposes another layer of that problem. |
InternetNews August 10, 2006 Paul Shread |
Juniper Hit By Options Probe Juniper Networks on Thursday became the latest tech company to get hit by the growing stock option scandal... Stocks posted solid gains... Salesforce.com climbed 6.5% on a Citigroup upgrade... etc. |
InternetNews September 21, 2007 David Needle |
Steve Jobs to Testify in Backdating Case Apple CEO Steve Jobs has reportedly been subpoenaed by the Securities and Exchange Commission to testify in a stock-options back-dating case against Apple's former general counsel, Nancy Heinen. |
InternetNews February 28, 2007 Ed Sutherland |
Former McAfee Exec. Facing Options Charges McAfee's former general counsel is facing a seven-count federal fraud indictment over stock option grants in 2000 and 2002. |
BusinessWeek July 10, 2006 Jane Sasseen |
A Board With Its Back To The Wall UnitedHealth directors aren't ready to oust embattled CEO McGuire. Here's why. |
The Motley Fool July 13, 2006 Anders Bylund |
Dueling Fools: Stock Options Bull Rebuttal Investors, stock-based incentives can be a powerful motivational tool -- if done right. It's not the granting of options we need to get rid of, it's the misuses of those grants. |
The Motley Fool March 29, 2007 Nathan Parmelee |
Quick Take: Costco's CEO Makes Things Right The retailer and its management team have once again proven the company takes its duty to shareholders seriously. CEO James Sinegal returned his ill-gotten stock-option gains. |
InternetNews December 27, 2006 Michael Hickins |
Monster Adds Options Investigator to Board Monster Worldwide has added a former SEC commissioner to its roster of directors looking into options backdating practices. |
The Motley Fool May 23, 2006 Philip Durell |
An Open Letter to UnitedHealth's Chairman The possibility of the backdating of stock options has cast a shadow over the company's long-term outperformance. Investors, take note. |
The Motley Fool February 14, 2007 Rich Duprey |
Backdating Al Capone Tax bills will be due soon in the options backdating scandal that will likely sink many executives. In addition to misrepresenting to the IRS the real profits earned, backdating also misrepresents the true cost of stock options to shareholders. |
The Motley Fool October 11, 2006 Rick Aristotle Munarriz |
CNET Version 2.0 CNET CEO Shelby Bonnie steps down as the company admits to backdating stock options. It would seem that today's weakness in CNET is related more to its earnings warning than the accounting news. |
The Motley Fool October 17, 2006 Rich Duprey |
UnitedHealth's CEO Weighs His Options As one of the prime beneficiaries of the backdating scandal, the insurer's CEO decides to step down. It's a nice gesture, but a little hollow at this point. |
InternetNews January 24, 2007 Ed Sutherland |
Broadcom Blames Co-Founder for Options Mess Broadcom restates $2.24B following stock options probe. |
The Motley Fool November 15, 2005 Nathan Parmelee |
Option Accounting Causes No Pain Options are being expensed on the income statement, and the world didn't come to an end. The truth is that these companies were already being valued by analysts with some form of accounting for options grants taking place. |
InternetNews July 5, 2006 Clint Boulton |
Mercury Heads May Face Stock-Option Probe The SEC may pursue three Mercury Interactive directors in relation to a stock-option grant backdating scandal. |
InternetNews July 30, 2007 Larry Barrett |
Monster Pink Slips 800, Trims Sales Targets Job site operator to write off between $50 million and $75 million in the next year. |
The Motley Fool January 8, 2007 Rich Duprey |
Foolish Forecast: Scandal Saps Sapient's Strength The business software and services provider will report preliminary third-quarter 2006 financial results because the company still has not completed its stock-option backdating review. |
BusinessWeek June 26, 2006 Jane Sasseen |
Another Dodgy Way To Dole Out Options Grants intentionally timed to good news are becoming the focus of greater scrutiny. |
The Motley Fool April 13, 2007 Steven Mallas |
New Manager for Monster The recruitment services Web site changes CEOs again -- will things work out this time? Investors, take note. |
InternetNews August 23, 2006 Clint Boulton |
Sympathy For Stock Option Backdaters? Whatever you want to call the chowder pot of stock option backdating cases, it still boils down to sketchy accounting. |
InternetNews December 29, 2006 Ed Sutherland |
Apple Voices Support For Jobs in Options Probe Apple admits it will have to adjust earnings dating back to 2002. |
The Motley Fool October 5, 2006 Seth Jayson |
Apple: Rotten at the Core Apple's board whitewashes its options scandal. Big surprise. Apple's board ought to step up here. Jobs' admitted knowledge of cherry-picked grant dates -- it's clear that something other than a pain-free apology is in order. |
Entrepreneur August 2004 Paul & Sarah Edwards |
No Such Thing as Free Money? Will your wish for free money be granted? Don't count on it. There are grants, but they are few and far between. |
The Motley Fool November 13, 2006 Anders Bylund |
Hansen's Great Results Frozen This beverage stock exemplifies the ups and downs of high-growth investing. |
The Motley Fool June 8, 2007 Steven Mallas |
Another Mutation for the Monster First it was the CEO, and now the CFO has left, too. What should Monster Worldwide's shareholders be thinking? |
The Motley Fool January 2, 2007 Rich Duprey |
Apple's Rotting Core? Although the computer maker absolved its CEO of wrongdoing, should investors be so lenient? |
The Motley Fool July 30, 2007 Ryan Fuhrmann |
Monster Cleans House Despite some near-term flux, Monster's stock is worth a further look. |
BusinessWeek January 15, 2007 Peter Burrows |
He's Making Hay As CEOs Squirm Erik Lie uncovered widespread backdating of stock options. Now he's reaping rewards. |
The Motley Fool December 29, 2006 Anders Bylund |
Apple Gets Back to Business Apple puts to rest one of the many stock options scandals. Investors can get back to timely and complete earnings releases when the first quarterly report of fiscal 2007 comes due in a couple of weeks. |
InternetNews June 30, 2006 Ed Sutherland |
Apple Joins Widening Stock Option Probe Apple has joined a growing list of companies to find themselves involved in a widening probe into controversial practices involving stock option grants. |