Employee Ownership Update for May 26: Option Backdating Becomes Major Concern

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Employee Ownership Update for May 26: Option Backdating Becomes Major Concern
National Center for Employee Ownership [NCEO]

May 26, 2006

NCEO Executive Director Corey Rosen discusses the stock option backdating controversy, in which companies backdated options to points when the stock price was at a low so executives could increase their gains when exercising the options. The SEC is investigating dozens of companies, and shareholder lawsuits are being filed.

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