Quote of the Day - Emotions are your worst enemy in the stock market.
The Justice Department and SEC are dead serious, investigating companies for falsifying documents and as a result, allegedly lying to shareholders about what stock option awards cost the company. Criminal and civil charges are being filed and nearly 100 companies are under investigation.
Even corporate officers are under scrutiny. But what is backdating stock options all about? Is your company or client at risk? Join me and my fellow Coast to Coast co-host and Law.com blogger Bob Ambrogi as we get the answers from the 'go-to' expert on the topic.
Our special guest, Attorney Steven R. Barth, partner with Foley and Lardner LLP in Milwaukee, provides legal analysis on issues such as this to public and private companies. He is also the Chairperson of the National Directors Institute focusing on corporate governance issues. He takes us through what backdating stock options means, how to discover it, how to prevent it and what to do if the government comes knocking. Listen and hear what you need to know. Just give a click on the icon below.