In the latest development in the evolving options backdating story, the May 19,2006 issue of the Wall Street Journal contains a report (via wsj.com, subscription required) that federal prosecutors have launched criminal probes of at least five companies involved in potential stock-option backdating abuses. The article reports that Caremark RX, SafeNet, Affiliated
Options Backdating
Options Backdating Update
By Kevin LaCroix on
Posted in Options Backdating
Well, it didn’t take long for my prediction in yesterday’s post — that we would be hearing more about options backdating — to be proven correct. Today’s Wall Street Journal has a front page article (via wsj.com, subscription required) reporting that United Health Group has warned that it may need to restate three years of…
Options Backdating: This Year’s Model?
By Kevin LaCroix on
Posted in Options Backdating
Every day seems to bring fresh media outrage on the topic of executive compensation. Yesteday, the New York Times ran this article questioning executives’ personal use of corporate aircraft. (See a useful discussion of this article on the CorporateCounsel.net blog).
Among the more interesting media analyses on the topic of executive compensation is the series…