Sec stock option backdating cases Chat rooms de sexo gratis

Rated 4.31/5 based on 609 customer reviews

The three individuals will pay more than 0,000 in combined penalties, including 0,000 from Jewels, the SEC said, and accept restrictions on future work.

Jewels, for example, will be barred from serving as an officer or director of a public company for five years.

Some critics have charged that the options issue has been overblown by the media and shareholder activists, but Cox said the investigations are being taken seriously at the SEC.

"Clearly the SEC doesn't think (this is overblown), which is why we have focused enforcement resources on the problem," Cox said.

"We've certainly seen enough now to have a good idea of what's possible," he said.

Take-Two Interactive Software reached a million settlement agreement with the U. Securities and Exchange Commission, relating to charges that the game publisher engaged in falsifying financial records as part of a A settlement agreement had largely been expected, after Take-Two announced two years ago that it had received a notice from the SEC's staff that it would recommend that charges be filed against the company. Take-Two agreed to the settlement without admitting to or denying the SEC's allegations, the SEC said.

and another former executive with fraudulently backdating employee stock options in a recurring abuse within one of the state's best-known technology companies.

The Securities and Exchange Commission also charged Sycamore, a maker of telecommunications equipment in Chelmsford, with financial reporting violations, including making false and misleading statements related to the options. Jewels, Sycamore's former finance chief, and Cheryl E.

The SEC filed separate complaints against the company and its former executive, Kenneth L. KLA-Tencor reached a settlement with the regulator on the...

Federal officials yesterday charged the former chief financial officer of Sycamore Networks Inc.

Leave a Reply