toggle

AAPL Stock: 126.44 ( -0.16 )

Printed from http://www.macnn.com

SEC turns investigations towards Electronic Arts

updated 12:20 pm EDT, Thu September 21, 2006

SEC investigates EA

Following the launch of probes into more than 100 US companies, including Activision, THQ, and Take-Two, GamesIndustry says that the next target for the Securities and Exchange Commission is EA. The SEC wants to know if EA has been backdating executive stock options - that is, picking a date for issued stocks that's more favourable than when they were actually granted to an executive. This tends to enrich executive staff while depriving the company as a whole. According to EA, the SEC has requested company records going back to 1997.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Prong PWR Case

Ultimately there's one thing we all want from smartphone accessories; we want options. When it comes to keeping our iPhone charged, w ...

iHome iBT74 Color Changing Bluetooth Speaker

There's no reason why your tech can't look good while doing what it was designed to do. That's the reason that sports cars look goo ...

Logitech Gaming Daedalus Prime Mouse

Logitech Gaming continues to expand upon its peripherals line, with each one looking to fit neatly into a breadth of gaming needs. Bui ...

toggle

Most Commented