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Archive for the ‘backdating’ Category

Backdating litigation fails to deliver

Friday, May 16th, 2008

The latest data suggests that Us shareholder class action lawsuits over backdating have not been successful

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SOX and backdating

Thursday, April 10th, 2008

Sarbanes-Oxley did nothing to stop options backdating.

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Backdated tax gifts

Thursday, February 28th, 2008

Donations to charity are tax deductible. But what if they are in the form of backdated stock gifts? A new study suggests chief executives and chairmen of companies couldn’t help ripping off the system. It was just well disguised as a gift to charity.

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The Brocade case: now for the gatekeepers

Monday, August 20th, 2007

Now that the Justice Department got its first backdating scalp in Brocade Communications System’s former CEO Gregory Reyes, the Securities and Exchange Commission has now targeted company’s former chief financial officer, Michael J Byrd, claiming he was well aware of the falsification of the documents.

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