News & Events

Erik Lie Stock-Option Research Cited

Many Dallas-Ft. Worth companies have been rocked by the stock-option backdating scandal. But many of the options backdated from as early as 1996 won't come to light because they weren't reported to the SEC and will be hard to identify, according to ERIK LIE, a University of Iowa associate professor of finance whose research helped the Wall Street Journal identify companies that backdated options. The Journal won the Pulitzer Prize for public service last week for its coverage on the issue. "We will never see the full iceberg," Lie wrote.


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