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Securities

Sep. 6, 2006

In Most Cases, Insurance May Apply in Option Backdating Suits

The Securities and Exchange Commission (SEC) and federal law enforcement authorities are currently investigating historical stock option grant practices at more than 80 public companies.

Focus Column

By Kirk Pasich
     
      The Securities and Exchange Commission (SEC) and federal law enforcement authorities are currently investigating historical stock option grant practices at more than 80 public companies. Shareholder class actions and derivative lawsuits have been filed against many of the companies and their executive officers and directors. The claims asserted in these lawsu...

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