Rim stock options backdating


Rim stock options backdating


Trident Microsystems, Inc., Frank C. Lin, and Peter Y. He said it was an otions due to a misunderstanding of accounting rules.The admission makes RIM the first major Canadian company to get caught up in an options backdating scandal that has swept through the United States, leading to charges against some executives and forcing billions of dollars in earnings to be restated. His filing bolsters a court action by the Ironworkers Ontario Pension Fund, which owns 13,200 RIM shares.Prof.

Lie comes with an impressive background: in the US, he is a notable expert on backdating and has been behind 180 major SEC investigations. bqckdating Last September he testified on optikns backdating enquiry heard by the US Senate.Prof. Lie has argued in his filing that after reviewing option grants from the firm since it went public in 1997, he believes options were granted to executives when they would be most profitable.In a statement made available to Telecom.




Rim stock options backdating

Stock Rim backdating options


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