stock option backdating

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SEC charges RIM, 4 senior execs with stock option backdating

SEC charges RIM, 4 senior execs with stock option backdatingThis should put a cold, dampening effect on RIM.Those crooks working at RIM have given APPLE the upper hand. Thanks RIM. For a personal side note, APPLE ROCKS!"In a world without walls & fences who needs windows & gates?"SEC is useless!SEC...

Tags: Stock options, Investment, Benefits, Financial accounting, Personal finance, Construction, Research In Motion Ltd., stock option backdating, SEC, stock option, stock

Discussion threads 2009-02-18

Additional Resources

News to know: RIM, Facebook TOS, Apple-Adobe, Android

Here are today’s notable headlines. You can get News To Know via email alert and RSS daily.  For continuous updates see BNET’s around-the-Web tech coverage Andrew Nusca: SEC charges RIM, 4 senior execs with stock option backdating Sam Diaz: Facebook's TOS debacle: Be upset...

Tags: Adobe Systems Inc., Facebook, Research In Motion Ltd., Larry Dignan, Mobile, Dana Blankenhorn, Apple Inc., Microsoft Corp., Sam Diaz, Advertising & Promotion, Smart Phones, Marketing, Consumer Electronics, Personal Technology

Blog posts 2009-02-18

SEC charges RIM, 4 senior execs with stock option backdating

The Securities and Exchange Commission today charged BlackBerry maker Research in Motion, Ltd., and four of its senior executives for stock option backdating. The SEC's complaint alleges that Ontario, Canada-based RIM, its former CFO Dennis Kavelman, former VP of Finance Angelo Loberto, and Co-CEOs James Balsillie and...

Tags: Stock Option, Research In Motion Ltd., Stock, SEC, Backdating, Stock Options, Investment, Human Resources, Benefits, Stock Options & Grants, Finance, Andrew Nusca

Blog posts 2009-02-17

News to know: Microsoft's layoffs, Google's profits, Win7 netbooks, White House tech

Here are today’s notable headlines. You can get News To Know via email alert and RSS daily.  For continuous updates see BNET’s around-the-Web tech coverage. Larry Dignan: Microsoft: 'We are not immune' to economy; Cuts 5,000 jobs; Earnings fall short Mary Jo Foley: Microsoft...

Tags: Google Inc., Layoff, Larry Dignan, Microsoft Windows 7, White House, Mary Jo Foley, Microsoft Corp., Sam Diaz, Netbook, Netbooks, Nettops & MIDs, Hardware

Blog posts 2009-01-23

RIM's co-CEOs face record fines in options backdating matter

Regulators in Canada may hit RIM's top two executives with a record penalty as high as C$100 million (U.S. $80 million) for their roles in a stock option backdating matter that began more than a decade ago, according to a report in the Globe and Mail. Ontario Securities Commission staff...

Tags: Stock Option, Research In Motion Ltd., Backdating, Stock Options, Investment, Benefits, Financial Accounting, Human Resources, Stock Options & Grants, Finance, Sam Diaz

Blog posts 2009-01-22

Brocade to acquire Foundry in $3 Billion deal

Brocade has said it will acquire Foundry Networks, a company that does enterprise and service provider switching and routing, in a deal valued at $3 billion. The acquisition, which still needs final approval, comes on the heels of corporate problems for Brocade, notably the criminal misconduct sentence...

Tags: Stock Option, Foundry Networks Inc., Brocade Communications Systems Inc., Backdating, Stock Options, Benefits, Investment, Financial Accounting, Human Resources, Stock Options & Grants, Finance, Sam Diaz

Blog posts 2008-07-21

Google's board member targeted by SEC

Google director Ann Mather is facing civil charges by the Securities and Exchange Commission in connection to an options backdating scandal at Pixar, where Mather used to be CFO from 1999 to 2004. In Google's filing, the company disclosed: On April 23, 2008, Ann was advised...

Tags: Google Inc., Board, SEC, Pixar Animation Studios Inc., Corporate Governance, Stock Options, Investment, Benefits, Financial Accounting, Business Operations, Corporate Law, Human Resources, Stock Options & Grants, Finance, Larry Dignan

Blog posts 2008-04-29

Jobs back in the hot seat over options

Given no time to bathe in the excellent earnings announced yesterday, Apple CEO Steve Jobs is again coming under fire for his receipt of backdated stock options. According to Wikipedia: Options backdating is the practice of granting an employee stock option that is dated prior to...

Tags: jason D. O'Grady, Apple Inc., Stock Options, Stock Option, Stock, Investment, Benefits, Financial Accounting, Stock Options & Grants, Job, Finance, Human Resources, New York City Employees

Blog posts 2008-04-24

Report: Jobs was subpoenaed in backdating lawsuit

Apple CEO Steve Jobs was subpoenaed by the Securities and Exchange Commission to give a deposition in the company's option backdating lawsuit. The news, reported by Bloomberg and based on "two people familiar with the matter," indicates that the SEC wants testimony from Jobs in its lawsuit against...

Tags: Job, Steve Jobs, Lawsuit, SEC, Stock Options, Human Resources, Benefits, Stock Options & Grants, Larry Dignan

Blog posts 2007-09-20

Is Apple obligated to pass on commodity savings?

Apple delivered a blowout quarter largely based on lower commodity costs that boosted gross margins to a healthy 35 percent. Think about it: If all the parts of a $1,099 MacBook get cheaper and consumers pay full price thats a great business. ...

Tags: Apple, General, Hardware Infrastructure

Blog posts 2007-04-26

Apple fires back at former CFO Anderson

Steve Jobs said. Fred Anderson said. Now the Apple board of directors gets its turn. In a terse statement, Apple board members Bill Campbell, Millard Drexler, Albert Gore Jr., Arthur D. Levinson, Eric Schmidt and Jerry York said:We are not going to enter into a public debate with Fred Anderson...

Tags: General, Apple

Blog posts 2007-04-25

Options update: Former Apple CFO throws Steve Jobs under the bus

According to the Wall Street Journal subscription reqd former CFO and Apple board member Fred Anderson said that he "warned Chief Executive Steve Jobs about accounting implications associated with the backdating of stock-options grants."Anderson made the remarks about Jobs in a statement filed by his attorney today after agreeing to...

Tags: Legal

Blog posts 2007-04-24

Apple's former CFO lays blame on Jobs over options

The Securities and Exchange Commission is apparently taking legal action in the Apple options backdating probe against Apples former general counsel Nancy Heinen. Steve Jobs is supposedly in the clear, and Apples former CFO Fred Anderson has settled with the SEC, paying a modest fine and repaying option gains without...

Tags: Government, General, Apple

Blog posts 2007-04-24

Nancy Heinen to take the fall in Apple options scandal

If you watched last nights episode of 24, you know that when it comes to any scandal, someones got to take the fall.At Apple, CEO Steve Jobs has managed to clear himself in the options backdating debacle, but former general counsel Nancy Heinen does not appear to be so lucky....

Tags: Legal

Blog posts 2007-04-24

Apple to Cisco: Suit is "silly"

The latest round in the Apple v. Cisco slap fest is that Apple spokesman Steve Dowling was quoted as saying the Cisco lawsuit is "silly" noting that several companies are already using the term "iPhone" for VoIP handsets. Dowling went on to call Ciscos iPhone trademark "tenuous at...

Tags: Legal, iPhone, Apple Computer Inc., Cisco Systems Inc., Steve Dowling

Blog posts 2007-01-12

Apple trying to avoid a train wreck

Apple trying to avoid a train wreckMakes You WonderAl Gore, running around the world telling everyone how we're all doomed to an environmental holocaust and when you read between the lines it is because of the Bush Administration's links to oil companies. Yet, the very same Al Gore who...

Tags: Recruitment & Selection, Benefits, Financial accounting, Backdating, Microsoft Corp., job, Apple Inc., Al Gore, SEC

Discussion threads 2007-01-02

Options cloud hangs over Macworld Expo

The run up to Macworld Expo each January is unquestionably the most exciting time of the year for the Mac faithful. The rumor mill is working overtime with predictions about new products that could be announced and Apple consumers and journalists prepare for the annual pilgrimage to San Franciscos Moscone...

Tags: Finance, Macworld Expo, stock option, Apple Computer Inc.

Blog posts 2006-12-29

Apple: In Jobs we trust

Apple: In Jobs we trust$84 M out of $1.9 B(that's earnings restatement, vs 2006 profits)Unless Jobs is somehow dragged into this more than we can see now, this is less than nothing. In January we get the iPhone announcement, more on iTV and Leopard, and a blowout earnings report.I'd say...

Tags: Investment, Financial accounting, job, Apple Inc., Steve Jobs, stock, stock holder

Discussion threads 2006-12-29

Paper: Apple's Jobs surrendered unauthorized options

Paper: Apple's Jobs surrendered unauthorized optionsThe beef...From the page you linked to-[i]Apple's board gave Jobs 7.5 million stock options in 2001 without the approval of the company's board, and said the company later falsified documents that purportedly showed a full meeting of the board had taken place to approve the...

Tags: Corporate governance, Recruitment & Selection, job, Apple Inc., board, Balmer, Microsoft Corp.

Discussion threads 2006-12-28

Report: Apple executives faked stock-option documents

Report: Apple executives faked stock-option documentsMust beA slow news day. Then again, this is ZDNet. Any story that makes Microsoft look better is a good story.Lying is not a sin ... if you are an Apple CEO.[b]All his life[/b] he has mislead the public about Apple products – e.g. illusions...

Tags: Stock options, Investment, Benefits, Financial accounting, Strategy, Apple Inc., Microsoft Corp., stock option

Discussion threads 2006-12-27