Tag:
backdating
Latest Headlines
Latest Headlines
Big options courtroom showdown coming
Bruce Karatz is one of only six executives that has been criminally charged with fraudulent options backdating practices. However, more than 70 execs have settled civil charges. The former CEO of KB
Short sellers getting inside info on CEO share sales?
These days, one mark of success as an academic in finance is whether your work will form the basis of an enforcement action. We've seen several studies lead to big investigations. The most recent example is options backdating. This goes all the way back to order handling rules in the 1990s. Are we
Wall Street should fear academics
Wall Street firms would be wise to beware of academics out to make a name for themselves. There have been quite a few cases where professors have caught the eye of regulators: the order handling rules, way back when; the still on-going options backdating scandal. These are two examples of academi
