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Stock Option Backdating
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Shareholders Sue Over Stock Option Backdating Scandals
Introduction[^]
The below companies are just a sampling of the dozens of companies that have been sued recently by their shareholders. These shareholder suits are called "shareholder's derivative suits," and are used by shareholders to fight alleged corporate fraud and malfeasance. Most of the below suits involve options "backdating," a process which allows corporate exectuves to inflate their personal earnings at the expense of their shareholders.
Shareholders are not the only ones inivestigating these companies. The Securities and Exchange Commission has also launched probes into many tech companies. For more information, please see "Tech Options Probe Expands" [offsite link].
If you own stock in any of the below companies, or if you own stock in any of the scores of other companies that are being investigated, please contact our firm to learn about your legal rights.
- Hewlett-Packard
- Apple Computer
- Applied Micro Circuits
- BEA Systems
- Electronics for Imaging
- Sigma Designs
- Verisign
- Electronic Arts
- Foxhollow
- Openwave Systems
- Altera Corporation
- Juniper Networks
- McAfee
Articles [^]
NEW - visit our "Stock Options Backdating Blog" for the latest news articles about stock options backdating.
- Backdating of Executive Stock Option (ESO) Grants (Backdating Explained)
- FAQ: Behind the stock options uproar
- American Tower Hit By Suit
- HP execs asked to testify in Washington; shareholder files suit
- HP shareholder files suit over scandal
- Apple Announces Update Regarding Stock Option Grants
- AMCC Responds to Derivative Lawsuit
- Barnes & Noble Gets Subpoena
- Cheesecake Factory Is Reviewing Option Grants
- More than 100 firms probably backdated options
- A study in CEO greed: How one intrepid academic exposed the latest stock option scandal.
Contact Us Now: [^]
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Important Notice: [^]
Persons seeking to preserve any potential legal claims should contact an attorney promptly, since all states have mandatory time periods in which lawsuits must be filed with the courts; otherwise, they may be forever barred.
About Our Firm: [^]
Alexander Hawes, LLP, an AV-rated trial firm, has concentrated its practice on the prosecution of complex Personal Injury and Class Action cases. The Firm represents individuals, governmental entities, businesses and institutional shareholders in auto accident cases, insurance claims, motorcycle injury accidents, and truck (and SUV) accidents. In addition, our law firm represents consumers in defective product, product liability, tort, negligence, mass tort, consumer, construction defect, investment fraud, price fixing and employment cases. The Firm is currently involved in complex cases pending in federal and state courts throughout the Unites States. The Firm is dedicated to quality representation of its clients and prides itself on aggressive advocacy of its clients' claims.
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