Actuaries Unlimited, Inc.
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Nexus Administrators, Inc.
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|SEC's Comp Disclosure Reform Includes Additional Requirements Re Stock Option Awards|
Orrick, Herrington & Sutcliffe LLP
Aug. 22, 2006
Excerpt: Granting options in advance of material positive news is not clearly illegal and is a hotly debated issue. While the Enforcement Division of the SEC has been examining this issue as a basis for claims of securities fraud, Commissioner Paul Atkins has argued that the practice could, in fact, be good for outside shareholders.
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