Year: 2007

SEC Brings Two More Stock Option Cases: Signal of a New More Aggressive Approach?

The SEC filed two stock option backdating cases yesterday, both arising out of the same six year scheme involving the options of Engineered Support Systems, Inc.  http://www.sec.gov/litigation/litreleases/2007/lr19990.htm  In complaints against Gary C. Gerhardt, the former Chief Financial Officer, and Steven

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