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But how does that relate to hiring prostitutes and drugging customers without their knowledge?

Said another way, do the feds really need to dig that deep to find enough rope to hang executives with?

As a result, it is possible that Activision will be required to record additional stock-based compensation expense related to stock-option grants.

On June 7, 2007, the company said the SEC issued a formal probe order related to its stock-options grants.

It is being examined by the Securities and Exchange Commission. 7, the company announced that investors should no longer rely on its prior disclosures about the findings of its continuing internal probe. Noncash compensation costs related to backdating will be about million, plus additional tax-related expenses.

It had previously said a preliminary review suggested no intentional backdating occurred and any charges were likely to be minor. (Headlines) (Options chart) The maker of gene-testing devices said on Aug 1 that an internal probe has uncovered "certain documentation lapses" in its stock options grant processes from 1997 through 1999, including one instance when the option grant date should have been recorded differently.

I count no fewer than 38 top executives at 19 high-tech companies that have bit the dust over this stuff.

executives and essentially terminated one of the last of the stock options backdating cases brought by federal prosecutors.Here's a look at companies that have come under scrutiny for past stock-option grants and practices.THIS SCORECARD WAS LAST UPDATED IN SEPTEMBER 2007 AND IS NO LONGER BEING UPDATED. Note: This list contains companies that have disclosed government probes, misdated options, restatements and/or executive departures as of Septmeber 2007.So, to try to ensure that this does not happen, the government swings too far in the other direction; it makes its investigations too broad and sweeps into its grasp many companies and individuals who should not be investigated at all.This (too) broad a sweep causes individuals and companies to endure a tremendous amount of needless stress, hardship and expense.




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