Backdating charge grant option stock comodo internet security premium x86 cracked and updating
Asked about the discrepancy by Karatz’s lawyer, Ray explained, “I lied.”During his closing argument, defense attorney Keker told the jury of nine men and three women that the prosecution’s case hinged on Ray’s testimony, which he said lacked credibility because of Ray’s admitted lies. He also argued that Karatz never intended to defraud shareholders and was acting with the knowledge of company accountants and lawyers when he set option grant dates.
He said Ray changed his story to please prosecutors and to get them to give him a plea bargain.“Ray is not worthy of your trust. Dick, the juror, said he hoped that the judge would give Karatz probation and a big fine, but not jail time.
With CEFs there is also the chance of dilution if the firm wants to issue more stock, usually with an offer for existing shareholders to purchase more shares at a predetermined price.There is no restriction on the holding period of an ETF.And with and ETF you won’t get hit with capital gains distributions, so, with the exception of dividends, you get to control when you pay capital gains, short term or long term.A federal grand jury indicted Karatz on the 20 felony charges in March 2009.Backdating options is not illegal, so long as companies account for it in public filings.