We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

More Companies Afflicted By Stock-Options Practices

Law360 (August 7, 2006, 12:00 AM EDT) -- The growing options backdating scandal continues to be a thorn in the side of companies, with another announcing Monday that it is being investigated and two more announcing that they may have to restate some financial results.

In a financial filing, QuickLogic Corp. said Monday that it had received an informal inquiry from the U.S. Securities and Exchange Commission over its practices, procedures and disclosures relating to stock options grants.

QuickLogic, which designs and sells computer chips, had previously announced an internal review of its stock...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.