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Archive for the 'options mess' Category

A dab (of disclosure) will do you…

Friday, July 13th, 2007

In January 2006, I footnoted about how it seemed odd that Engineered Systems (old ticker: EASI) was disclosing a formal SEC investigation over a year after the fact and that the investigation seemed to (though it was never spelled out in the filing) focus on the company’s former Chairman and CEO, Michael Shanahan Sr., who [...]

What’s the hidden meaning?

Tuesday, February 13th, 2007

Late yesterday, Brocade Communications (BRCD) filed this preliminary proxy which included some interesting footnotes buried deep in the summary comp table. But first, some back-story: Brocade was the first company to be targeted in the options back-dating scandal and according to this Bloomberg story two weeks ago, is still waiting to see if the SEC [...]

Two gold stars!

Friday, January 5th, 2007

Most weeks, it’s hard enough to find one company that’s worthy of a rare footnoted.org gold star. Indeed, after 3 1/2 years of blogging, we’ve only handed out 30 gold stars. But this week, we’re handing out two.
To be fair, this 8-K filed by E*Trade Financial (ETFC) was filed late last Friday, so technically it [...]

Off to a great start…

Tuesday, January 2nd, 2007

Here at footnoted.org, we’ve seen all sorts of strange requests that top executives have made on their way out the door — from a plane to a Porsche as this post recounted. But this agreement filed by The Sharper Image (SHRP) late Friday with outgoing CEO Richard Thalheimer is clearly up there. That’s because the [...]

Pre-holiday rush?

Wednesday, November 29th, 2006

In the rush to file its delayed 10-K, not to mention a 10-Q and an 8-K that released the results of a historical look at the company’s stock options grants (for more on that story see here) before the Thanksgiving dead-zone, it seems that the accountants at Corinthian Colleges (COCO) made a bit of a [...]