Option backdating and Porn chats where you can write and see free

The SEC is investigating many companies, ranging from small to Fortune 500 companies, for options irregularities.

Other similar practices are being reviewed by government officials as well.

Likewise, in a case involving Comverse Technology Inc., the U. Attorney charged the former CEO, the former CFO, and the former General Counsel with violating securities laws.

In that case, corporate officers inserted backdated option grant dates into board of directors’ unanimous written consents that were transmitted to the compensation committee.

Fifty-two companies currently under criminal investigation. Moreover, the company avoids having to expense the options as current compensation, thus increasing earnings in the near term.

As a consequence, the option is immediately profitable, or “in the money,” to the option holder.

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