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And The Board Of Directors Did Not Object

December 20, 2006

By Greedy Trial Lawyer

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Category: The Latest Baddest

"Does any board member object to us backdating these stock option grants to ourselves?"

Backdating Not Limited To Execs: Study

About 460 public companies manipulated stock options grants not only for their executives, but also for their outside directors, according to a new study by Harvard Law School.

The study, the first of its kind to examine directors and not just executives, could explain why more boards didn't act to stop the activity.

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