Start Optionsbackdatinglawsuit com

Optionsbackdatinglawsuit com

Readers may also be interested to know that the article entitled “Business Leaders, Washington Aim to Fix Wall Street’s Ailment” (here, subscription required), the U. ( has previously commented on the virtues of eliminating quarterly earning guidance, here.) Campos on Capital Markets Competition: While the upcoming conferences and reports undoubtedly will repeat the conventional wisdom the culprit for the decline in U. competitiveness is regulation and litigation, a March 8, 2007 speech (here) by SEC Commissioner Roel C.

The SEC accused Berry of backdating most Juniper options grants from mid-1999 to mid-2003, and created records of meetings that never occurred, during which the options were supposedly approved.

Berry was charged by the SEC for her role in Juniper's options practices as well as at her previous employer, KLA-Tencor Corp., where she held the same job. Berry's lawyer referred inquiries to Juniper's outside counsel, who did not return calls.

The settlement was reached this week by lawyers for Juniper and the lead plaintiff, a group of New York City pension funds that had invested in Juniper.

New York City Comptroller John Liu said the settlement signals that executives can't "play by their own rules behind closed doors." The settlement must be approved by a federal judge in San Jose. In 2007, Juniper settled Securities and Exchange Commission charges over its options practices.

The list captures most of the options backdating case dispositions that have attracted publicity, but there undoubtedly are others that were not as highly publicized and about which I am unaware.

Readers are encouraged to please let me know of any omissions from the list; links or citations for any needed additions would be greatly appreciated.

The company has already paid dearly for the problem.