May 30, 2006
Get Rid of the Lawyer
According to the Wall Street Journal here, McAfee has "fired its general counsel after an internal review of stock-options granting practices." And this isn't the first person to go among several companies that are being scrutinized by the government over stock options.
Are stock option improprieties going to be the new government target and priority in the corporate arena? And will the companies all be immediately cooperating with the government? Do individuals within the companies need to be aware that should a company come under scrutiny, they will no longer be protected by their employer?
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