Morningstar ®

Footnoted is now part of Morningstar

  Text Size:   A A A

Archive for the 'options backdating' Tag

TeleTech time travels back to 1996…

Friday, July 18th, 2008

This week TeleTech Holdings (TTEC) restated 12 years’ worth of financials dating back to 1996 – the year in which Nintendo 64 debuted, Alan Greenspan spoke of “irrational exuberance” and Christie Brinkley married that scoundrel she’s now divorcing. The culprit was misdated stock options. In a February 8-K, TeleTech announced the results of an internal review of option [...]