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Law Practice

Aug. 30, 2007

Counsel Faces Double Trouble Over Options

SAN JOSE - For the first time, the Securities and Exchange Commission has charged an in-house counsel in connection with backdating stock option grants and failing to account for them accurately at two different publicly traded, Silicon Valley technology companies.

By Craig Anderson
Daily Journal Staff Writer

      SAN JOSE - In its latest stock backdating action, the Securities and Exchange Commission has charged an in-house counsel in connection with failing to account for option grants accurately at two publicly traded Silicon Valley technology companies.
      The SEC filed a complaint in U.S. District Court for the Northern District, in San Jose, ag...

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