This week the SEC announced more enforcement actions and settlements in its action involving Royal Ahold (Koninklijke Ahold N.V.) and its subsidiary, U.S. Foodservice. http://sec.gov/litigation/litreleases/2007/lr19975.htm. Thirteen additional individuals were charged in the massive financial fraud and several agreed to settle …
Year: 2007
Option Backdating: A New Study Dictates a Proactive Approach
A new study by finance professors suggests that the backdating of stock options may be a much more wide-spread practice than once thought. Initially, many believed that stock option backdating might have been concentrated in the high tech area. Later, …
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