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14-Sep-2019 03:10

He also exercised and sold 750,000 back-dated shares.In a settlement announced concurrent with the complaint, Anderson - who neither admitted nor denied the allegations - agreed to pay back .6 million and never to do bad stuff again.

But how does that relate to hiring prostitutes and drugging customers without their knowledge?But the charge bears the echoes of the stock options backdating scandal that started before the global economic collapse and extended beyond, making executives wealthier at the expense of shareholders.Options backdating was a common way for corporate boards to pass more compensation onto managers and directors.Heinen also exercised and sold 400,000 back-dated shares.

For that, the feds seek disgorgement of the ill-gotten gains (about

For that, the feds seek disgorgement of the ill-gotten gains (about $1.6 million), plus an order barring her from serving as an officer or director of a public company.

The reason CEOs and boards hid the activity was the second part of the controversy.

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For that, the feds seek disgorgement of the ill-gotten gains (about $1.6 million), plus an order barring her from serving as an officer or director of a public company.The reason CEOs and boards hid the activity was the second part of the controversy.

.6 million), plus an order barring her from serving as an officer or director of a public company.The reason CEOs and boards hid the activity was the second part of the controversy.