Mcafee backdating

That is, of awarding an option where you’ve set the strike price — that is, the price at which the option is exercised at a date prior to the date it was actually awarded.

And that might save some face for the now-former CEO’s and chairmen of Mc Afee and CNET. Professor Elson, remind us what this options scandal is.The company said it will release its quarterly earnings reports as scheduled on Oct.23, but will be delaying its 10-K earnings filing with the SEC.“My job is really to stay partially out of their way and to help clear away any of the deck that might be causing any friction or struggles for them.” In mid-May, Mc Afee admitted it was in informal discussions with the SEC about possible backdating, and launched the internal investigation.Later that month, the company fired general counsel Kent Roberts in connection with the review.

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