Lie Claims Company Failed To Report Options
Bookmark & ShareJanuary 29, 2007
Source: Canadian Business Online
According to ERIK LIE, an associate professor of finance at the University of Iowa, Research in Motion officials frequently failed to report options they received or reported them weeks late. That, he suggests, should be a red flag at Research in Motion, which Lie alleges has a history of granting options with fortuitous strike prices way too often for luck to be at work. His research into options dating and reporting has led the U.S. Securities and Exchange Commission to launch extensive investigations south of the border.
Contact: Erik Lie, ,
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