Even Apple CEO Steve Jobs came under investigation; he was never charged with wrongdoing, although two other Apple executives paid millions to settle lawsuits by the Securities and Exchange Commission, without admitting fault.
In some cases, the government has struggled to prove criminal acts.
Hoping to spare her client from prison, an attorney for former Brocade executive Stephanie Jensen stood before a federal judge this month and argued that the furor over stock-option backdating was a “so-called scandal” that never amounted to much.
“Some would say it fizzled,” added defense attorney Jan Nielsen Little, who argued that a wave of investigations that shook the tech industry had turned up little evidence of wrongdoing in connection with a practice that was “widespread, albeit misunderstood.” But as authorities gear up for a retrial next month of Jensen’s former boss, ex-Brocade CEO Greg Reyes, federal officials and legal experts say the investigations found widespread accounting abuses at a host of companies.
Zoran Corp ERISA or 401(k) Litigation (Total as of latest update = 5): 2. The lawsuits allege that the terms of the deal are not fair to M-Systems shareholders.
The defendants include not only San Disk, but M-Systems and certain directors and officers of M-Systems.
The entire total value is all time value on the grant date.
Marvell gets most of its sales in the Asia/Pacific region.
Frontline (from PBS) videos on accounting and finance regulation and scandals in the U. --- Note that one of the Frontline videos in about the options backdating scandals --- Also see the definition at and US GAAP: Similarities and Differences" according to Pw C (2011 Edition) Note the Download button!
Note that warnings are given throughout the document that the similarities and differences mentioned in the booklet are not comprehensive of all similarities and differences.
The information in this post was last updated on September 10, 2008 The purpose of this blog post is to track options backdating related litigation.
All of the companies that have been sued — and of which the will note at the top and bottom of this post the date on which the information was most recently updated, and will indicate in red which information has been most recently added.