network dating ru - Stock option backdating restatements

Director Fred Anderson, who served as the company's chief financial officer from 1996 until 2004, resigned from its board of directors. On April 24, 2007, the SEC filed civil charges against Apple's former general counsel, Nancy Heinen, and former CFO Fred Anderson for their alleged involvement in backdating of stock options at Apple. Anderson settled the charge with the SEC without admitting wrongdoing.

Analog Devices reached a tentative settlement with the SEC in November 2005 related to grants. (Headlines)On June 19, the Phoenix education provider received a subpoena from the U. attorney for the Southern District of New York relating to stock-option grants.

The company said it believes the options being investigated by the U. Apollo said June 9 its board will hire an outside firm to review its stock-option practices, following a brokerage report that raised questions about whether the for-profit educational firm had backdated some past options grants.

It is being examined by the Securities and Exchange Commission. 7, the company announced that investors should no longer rely on its prior disclosures about the findings of its continuing internal probe. Noncash compensation costs related to backdating will be about $51 million, plus additional tax-related expenses.

It had previously said a preliminary review suggested no intentional backdating occurred and any charges were likely to be minor. (Headlines) (Options chart) The maker of gene-testing devices said on Aug 1 that an internal probe has uncovered "certain documentation lapses" in its stock options grant processes from 1997 through 1999, including one instance when the option grant date should have been recorded differently.

(Headlines)The Dallas technology outsourcer acknowledged May 10, after a preliminary internal probe, that it had issued executive stock options that carried "effective dates" preceding the written approval of the grants.

ACS said it plans a charge of as much as million to rectify its accounting related to the grants. Edwards signed separation agreements with ACS that will allow them to remain with the company during a transition period ending June 30, 2007.(Headlines)On June 21, 2006, Altera said its special committee has reached a preliminary conclusion that actual measurement dates for certain option grants issued between 19 differed from the recorded grant dates, and that it expects to restate its financial statements for the fiscal years ended 1996 through 2005.The San Jose, Calif., programmable-chip maker said on May 25 that the SEC and the U. attorney in Northern California are looking into its stock-option grants.The company also said it will restate several years of past results to adjust accounting for two option grants in 20.On May 25, 2007, the company said the SEC had informed the company it had completed its probe and didn't intend to recommend any enforcement action.On July 3, 2007, the company announced it received notice from the SEC staff that the staff had completed its investigation and doesn't intend to recommend any enforcement action by the SEC. 3, 2006, the Cupertino, Calif., computer maker said it will delay filing quarterly results and will likely restate past results after discovering more "irregularities" as part of an internal probe of stock-option grants going as far back to 1997. 29, 2006 that CEO Jobs had recommended the selection of some favorable stock-option grant dates, but didn't personally benefit.

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