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Many GCs still fighting backdating charges
After two years during which eight general counsel ran afoul of federal regulators for alleged improper stock-options backdating, four are still fighting charges, three have settled or pleaded guilty and just one was acquitted. SEC enforcers view this as a successful effort against corporate improprieties, while the defense side says it shows the difficulty of linking corporate lawyers to accounting-related misconduct.Ineligible In-House Counsel, Multijurisdictional Practitioners and Pro Hac Vice Attorneys
Notice to the bar.Ineligible In-House Counsel, Multijurisdictional Practitioners and Pro Hac Vice Attorneys
Notice to the bar.Many GCs Still Fighting Backdating Charges
After two years during which eight general counsel ran afoul of federal regulators for alleged improper stock options backdating, four are still fighting charges, three have settled or pleaded guilty and just one was acquitted. Securities and Exchange Commission enforcers view this as a successful effort against corporate improprieties, while the defense side says it shows the difficulty of linking corporate lawyers to accounting-related misconduct.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
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