Wizz
07-21-2006, 11:23 AM
http://uk.gamespot.com/news/6154341.html?sid=6154341
Suit alleges publisher's executives improperly backdated stock options with the help of the company's audit committee.
"The Activision suit, brought on behalf of the company by shareholder Ryan Vazquez, charges 16 current and former Activision senior executives with improperly adjusting their stock option grants to their own benefit and to the company's detriment."
All I have to say is this. Once this hits the main stream business news sites and TV the crap will hit the fan big time.
Standby for the explosions because if this is true, Act and all it owns will implode.
Remember Enron, just remember on how the Gov went after them. Damn the crap is about to really hit.
This will not only effect Act but all who it owns will also be "looked" at, their "books" will be gone over with a fine tooth comb for the ol "cooking" the books crap.
Suit alleges publisher's executives improperly backdated stock options with the help of the company's audit committee.
"The Activision suit, brought on behalf of the company by shareholder Ryan Vazquez, charges 16 current and former Activision senior executives with improperly adjusting their stock option grants to their own benefit and to the company's detriment."
All I have to say is this. Once this hits the main stream business news sites and TV the crap will hit the fan big time.
Standby for the explosions because if this is true, Act and all it owns will implode.
Remember Enron, just remember on how the Gov went after them. Damn the crap is about to really hit.
This will not only effect Act but all who it owns will also be "looked" at, their "books" will be gone over with a fine tooth comb for the ol "cooking" the books crap.