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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.   |
InternetNews
July 21, 2006
Ed Sutherland |
Former Brocade Execs Charged in Stock Scandal Brocade becomes just the latest caught in the stock options mess. Feds say the company fraud cost investors millions. |
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. |
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. |
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
November 21, 2007
Sean Gallagher |
Judge Nixes Apple Option-Backdating Suit Apple may be closer to clearing charges stemming from its post-dating of stock options, following a federal judge's dismissal this week of a lawsuit against the company. |
InternetNews
August 7, 2007
Larry Barrett |
Ex-Brocade CEO Convicted in Backdating Scandal Former Brocade Communications Systems CEO Gregory L. Reyes was convicted Tuesday of defrauding investors by improperly disclosing the backdating of stock options and filing false financial statements. |
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
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. |
InternetNews
July 5, 2006
David Needle |
Courts Pick Apple in Stock Options Probe Apple said it's been notified of derivative lawsuits filed against it in the United States District Court for the Northern District of California and the Superior Court for Santa Clara County. |
InternetNews
May 31, 2007
Clint Boulton |
SEC Settles Backdating Cases With Mercury, Brocade The Securities and Exchange Commission settled stock-option backdating cases with Mercury Interactive and Brocade Communications Systems totaling $35 million. |
InternetNews
December 15, 2006
Ed Sutherland |
Apple to Delay Filing Annual Report Apple Computer became the latest tech company to file an IOU with the Securities and Exchange Commission. |
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. |
InternetNews
August 11, 2006
Andy Patrizio |
Apple Will Miss SEC Filing Deadline Apple Computer on Friday said it will request a hearing before the Nasdaq listing qualifications panel in response to a notification that it could be delisted from the Nasdaq board. |
InternetNews
August 11, 2006
Michael Hickins |
Feds Hit Former Brocade Execs With New Charges The Department of Justice has filed new securities-related fraud charges against former Brocade officials already under indictment for violating securities laws. |
InternetNews
May 24, 2006
Ed Sutherland |
Sycamore Hit With SEC Probe The Securities and Exchange Commission is investigating networking company Sycamore Networks, the Chelmsford, Mass.-based firm announced. |
BusinessWeek
March 5, 2007
Peter Burrows |
A Smaller Options Scandal? The campaign to lock up accused backdaters is moving slowly. Here's how a key case is playing out. |
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
December 27, 2006
Michael Hickins |
Apple's 'Pretty Big Scheme' May Include Forgery Investigators may have found the smoking gun proving that officials at Apple willfully broke the law when they backdated option grant dates. |
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
January 17, 2008 |
Brocade ex-CEO Sentenced in Backdating Mess Brocade Communications Systems' former CEO was sentenced on Wednesday to 21 months in prison for backdating stock-option grants in a scandal that has ensnared scores of U.S. companies and led to billions of dollars of restatements. |
BusinessWeek
June 18, 2007
Dawn Kopecki |
Backdating: Why Penalties Are Puny The SEC considers options violations less serious than other kinds of financial fraud. |
InternetNews
January 12, 2007
Ed Sutherland |
Is the iPhone Glow Gone? Are stock option questions and Cisco's lawsuit overshadowing Apple's new phone? |
InternetNews
April 26, 2007
Nicholas Carlson |
Apple's Green Road Paved With iPhone Takers Apple is in a good position to take on the challenge of reshaping its business model around the upcoming iPhone, financial analysts said after the company announced its earnings yesterday. |
The Motley Fool
January 18, 2008
Rich Duprey |
Backdating Scandals Enter Final Lap The sentencing of Brocade's CEO shows that the race is almost run -- and shareholders have lost. |
InternetNews
September 11, 2006
Clint Boulton |
Dell Delaying Earnings Report Dell today said it will delay filing its second-quarter financial filing due to questions raised from the investigation by the Securities and Exchange Commission into the computer maker's accounting and financial reporting. |
InternetNews
December 19, 2006
Ed Sutherland |
SEC Launches Formal Investigation of Broadcom Chipmaker Broadcom said it is the focus of a formal Securities and Exchange Commission investigation into improperly dated stock option grants. |
InternetNews
August 18, 2006
Clint Boulton |
Comverse Fires Former Execs Over Options Scandal Comverse Technology has fired three of its top executives a week after they were charged with conspiracy to commit securities fraud, mail fraud and wire fraud. |
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. |
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? |
BusinessWeek
February 13, 2006
Peter Burrows |
Brocade: Stung By Stock Options As the government investigates Brocade and ex-CEO Greg Reyes, he may sue the board. |
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
January 17, 2007
David Needle |
Apple Buoyed By 'Extraordinary' iPod Sales Apple said Mac sales better than expected; company 'continues to cooperate' with SEC in stock options investigation. |
InternetNews
December 18, 2006
Clint Boulton |
Looking Back: A Scandalous Year For Tech From a pretexting scandal to backdated stock options and more, tech suffered some shameful exposure in 2006. |
InternetNews
August 9, 2006
Roy Mark |
Stock Options Scandal Hits Comverse Federal authorities charge Comverse Technology's former CEO and two others with criminal and civil complaints. |
InternetNews
August 18, 2006
Michael Hickins |
One Down, One to Go For Cisco Cisco settled one shareholder lawsuit while another is still making its way through the system. |
InternetNews
January 21, 2009
Andy Patrizio |
Apple Dodges Recession, Questions About Jobs Analysts never even ask about a rumored SEC investigation into the handling of the Apple's CEO's health concerns. |
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 26, 2006
Rich Duprey |
Altera Backpedals on Backdating Options backdating forces the programmable chip maker to restate 10 years of financials. Investors, beware. |
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. |
BusinessWeek
September 11, 2006
David Henry |
How The Options Mess Got So Ugly--And Expensive As stock option grants soared in the 1990s, so did the temptation to cheat when issuing them. |
CFO
November 1, 2006
McCafferty & Harris |
Former Apple CFO Bitten by Backdating? CFOs of two different computer companies are indirectly accused of wrongdoing: backdating at Apple and pretexting at HP. Yet no one has said anything since. |
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. |
InternetNews
March 15, 2004
Clint Boulton |
VERITAS to Restate Earnings Latest instance of questionable accounting forces storage software maker to tweak its earnings statements over a three-year period. |
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. |
InternetNews
September 14, 2005
David Needle |
EFF to Apple: Too Much Too Soon EFF's suit against Apple claims the company did not exhaust all other alternatives before subpoenaing journalists and bloggers accused of stealing trade secrets pertaining to the GarageBand music program. |
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
August 2, 2007
Lawrence Rothman |
TurboChef Wastes Fuel Marketing costs and an SEC inquiry sap money from the cooking-systems company. Investors, take note. |
InternetNews
June 15, 2006
Ed Sutherland |
Stock Option Probe Becomes Viral Stock option practice vital to tech industry, experts agree. |
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. |
