News & Events

Stock Options Probe Widens

The Securities and Exchange Commission is investigating about 80 companies in the stock options backdating scandal, but the probe could widen significantly. According to one published study conducted by ERIK LIE, the University of Iowa finance professor whose research in 2004 helped spur the current set of probes, more than 2,000 companies appear to have used backdated options to boost executives' income.

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