Thursday, January 4, 2007

Backdating at Marvell Technology Group?

Many a company are examining their stock option grants to see if any were engaged in backdating.  They may be asking whether the grants deliberately set dates that would allow some individuals to secure a higher income. As noted in the New York Times, this inquiry occurred at Marvell Technologies with a result that several would be paying back money. Marvell Technologies' January SEC report provides some interesting data. 

(esp)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2007/01/backdating_at_m.html

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