Statistical Study of Options Backdating Supports Opening the Company Books

Business Valuation UpdateVol. 13 No. 12
Legal and Court Case Update
December 2007
6162 Mortgage Bankers and Loan Correspondents
522390 Other Activities Related to Credit Intermediation

Louisiana Municipal Police Employees' Retirement System v. Countrywide Financial Corp.
2007 Del. Ch. LEXIS 138
October 2, 2007
State Court
Delaware
Court of Chancery
Brian E. Pastuszenski, Diane Zilka, Elizabeth C. Tucker, Jay W. Eisenhofer, Mark Lebovitch, Michael J. Barry, Salvatore J. Graziano, Stacey S. Baron, Stuart M. Glass, Thomas A. Beck
Richard Goldberg (plaintiffs); Frederick Dunbar (defendants)
Noble

Summary

In context of shareholder seeking access to company books, Delaware Chancery approves unique statistical methodology for testing whether stock option backdating has occurred.

See Also

Louisiana Municipal Police Employees' Retirement System v. Countrywide Financial Corp.

In context of shareholder seeking access to company books, Delaware Chancery approves unique statistical methodology for testing whether stock option backdating has occurred.