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Archive for the 'formal investigation' Tag

More lumps of coal at UT Starcom?

Friday, October 12th, 2007

It’s been awhile since we last checked in on UT Starcom (UTSI), but when we saw the 10-K that the company filed earlier this week (as well as a Q), we saw that the stock has declined nearly 90% since we last footnoted the company. In addition to the filings, the company also announced on [...]

Posted in Blog-reel, Legal woes | Tags: , , | Comments Off

Filling in some gaps in the Blackberry…

Wednesday, October 10th, 2007

Earlier this year, Blackberry-maker Research in Motion (RIMM) was looking wan. In April the SEC ratcheted its investigation of the firm’s past stock option grant practices up to formal status. Federal prosecutors and Canadian regulators started poking around too, and the options mess led to restated financials and a suit by a Canadian pension fund. [...]

Posted in Buried treasure, Legal woes | Tags: , , | 1 Comment »

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