Erik Lie Questions RIM Options Timing
Bookmark & ShareMarch 16, 2007
Source: Toronto Globe And Mail
A stock options expert says the pattern of option grants at Research In Motion (RIM) Ltd. does not appear to be the result of an accidental misunderstanding of accounting rules, as the company's chief executive officer has suggested. In an affidavit filed yesterday in the Ontario Superior Court, University of Iowa professor ERIK LIE said his analysis of the dates selected by RIM to grant options shows they appeared to have "intentionally been set to coincide with particularly low prices."
Contact: Erik Lie, ,
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