Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, June 7, 2007

Activision Reports SEC Investigation into Backdating

Activision reported in its 10-Q that the SEC has begun a formal investigation into the company's stock option grant practices.  Earlier this year the company reported that a special committee found instances of backdating from 1994 through 2006 and that four unnamed individuals -- including former heads of legal, finance, and human resources and an outside legal advisor -- were implicated.  See CFO.com, SEC Probes Activision's Stock-Option Practices.

http://lawprofessors.typepad.com/securities/2007/06/activision_repo.html

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