Securities
Mar. 17, 2009
Quest Executives to Pay SEC $300,000 in Backdating Stock Options Scam
The settled complaint, filed in federal court in Santa Ana last week, marks a third company in Southern California whose executives have faced civil charges in connection with stock options.
Daily Journal Staff Writer Three current and former executives of Quest Software will pay more than $300,000 in fines and restitution to the Securities and Exchange Commission for backdating stock options. The settled complaint, filed in federal court in Santa Ana last week, marks a third company in Southern California whose executives have faced civil charges in connection with stock options. But Quest is likely to be one...
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