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But Affymetrix said the review hasn't indicated a pattern of inappropriate options dating. 9, the company filed with the SEC to delay the submission of its second-quarter report because of a restatement to its financial statements for some options granted between 19.
The company said it would restate its financial statements for 2005 and first quarter of 2006.(Headlines)The San Jose, Calif., software company on Oct.
26 said it expects to record noncash charges on options dating, cutting into net and operating income, with "material" results for some periods going back to 2000 after completing its stock-option backdating review.(Headlines)The Cambridge, Mass., biotechnology company disclosed on Aug.
10, 2006 that it is being investigated by the SEC for alleged options backdating.
The San Jose, Calif., programmable-chip maker said on May 25 that the SEC and the U. attorney in Northern California are looking into its stock-option grants.As a result, the company expects to record additional noncash charges. 23, the company said it will restate 2005 results as well as those from the first quarter of 2006 because the actual dates of certain stock option grants "likely differ" from the recorded dates. 16, the Chandler, Ariz., provider of semiconductor assembly and test services said it has identified occasions on which the measurement date used for option awards granted to certain employees was different from the actual grant date.It plans to restate results from fiscal 1998 through the first quarter of 2006. 15, the company said the SEC was probing its stock-option practices. 6, the company said it found evidence of intentional manipulation of stock option pricing by one former executive and some evidence that two other former executives "may have been aware of, or participated in, this conduct." It is recording extra noncash stock-based compensation expense of 6 million, after tax, for the period January 1998 to June 30, 2006.The report, from a Lehman Brothers analyst, called the companys historical options-granting practices "highly questionable." On July 10, the company disclosed that it had received a letter from the SEC about an informal investigation into the companys stock-option grants. 3, the company said it will likely have to restate past results as a result of problems with past grants.
Its financial chief resigned, citing personal reasons. 14, 2006 the company a review found the company misdated certain stock option grants and that it found that some former officers may have covered errors in the grant approval process.Analog Devices reached a tentative settlement with the SEC in November 2005 related to grants. (Headlines)On June 19, the Phoenix education provider received a subpoena from the U. attorney for the Southern District of New York relating to stock-option grants.The company said it believes the options being investigated by the U. Apollo said June 9 its board will hire an outside firm to review its stock-option practices, following a brokerage report that raised questions about whether the for-profit educational firm had backdated some past options grants.(Headlines) Analog Devices said May 24 it had received a subpoena from the U. Attorney for the Southern District of New York requesting records related to stock options.