Options Backdating Raises Disclosure Issues

Law360, New York (May 2, 2006, 12:00 AM EDT) -- As allegations of options backdating at companies like UnitedHealth Group and Comverse Technology begin to surface with increasing frequency, experts say that regulators are likely to intensify their probe into disclosure issues that may arise from the controversial practice.

UnitedHealth officials, including Chairman William McGuire, have recently come under fire for options they received over the past 10 years.

Filings have shown that McGuire and other executives have often been granted options just before jumps in the company’s share price, which has led regulators to investigate...
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