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23-Oct-2018 17:21
Often, these documents do not contain all the needed information.“Most of them don’t tell you the exact grant date,” said Siegel.Comverse Technology, Inc., founded in Israel, was a technology company located in Woodbury, New York in the United States, that developed and marketed telecommunications software.The company focused on providing value-added services to telecommunication service providers, in particular to mobile network operators.Much of its funding came from Israeli government subsidies and tax credits provided to research and development for hi-tech firms.By the mid-1990s, one of its most successful products allowed legal authorities and intelligence agencies to record and store data collected from intercepted communications.“Only time will tell how widespread it is.” Lie, the University of Iowa finance professor whose work started the investigations, estimates that as many as 10 percent of all stock options granted before 2002 were backdated. said 40 companies in the Standard & Poor’s 500 might have backdated option grants.
Respond to him at denverpostbloghouse.com/lewis, 303-820-1967 or [email protected] group concluded that 17 out of the 100 – including Delta – were “at risk” for having issued three or more backdated option grants from 1997 through 2002.