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Here at footnoted.org, we’ve seen all sorts of strange requests that top executives have made on their way out the door — from a plane to a Porsche as this post recounted. But this agreement filed by The Sharper Image (SHRP) late Friday with outgoing CEO Richard Thalheimer is clearly up there. That’s because the [...]
In the rush to file its delayed 10-K, not to mention a 10-Q and an 8-K that released the results of a historical look at the company’s stock options grants (for more on that story see here) before the Thanksgiving dead-zone, it seems that the accountants at Corinthian Colleges (COCO) made a bit of a [...]
The 8-K filed by Safenet Inc. (SFNT) late Friday had so many different things going on that it almost should have come with a traffic cop tucked into the filing. For one, there were five separate employment agreements — two for outgoing Chairman and CEO Tony Caputo and outgoing CFO Carole Argo and three for [...]
We interrupt our regular trawl of the SEC filings this morning to talk about a new study by the smart people over at The Corporate Library. This morning, they released "The Spread of Options Backdating" which takes a closer look at the whole options backdating mess and finds a surprising link between many of the [...]
Last week, Mercury Interactive (MERQ) announced that it had proposed a $35 million settlement with the SEC over stock option issues and a formal investigation. By the end of the year, Mercury is expected to become a part of Hewlett Packard (HPQ) in a $4.5 billion deal. So perhaps it should come as no surprise [...]
