Rim backdating options sex dating in hancock wisconsin

Under the terms of the settlement with the SEC, the four executives do not have to admit or deny the allegations but will still pay an aggregate .425 million and relinquish the value of their exercised, backdated options.


An SEC investigation into options backdating at Ontario, Canada-based Research In Motion (RIM) has concluded with the company and four of its executives entering into two separate settlements with American and Canadian regulators.The company and co-CEOs Jim Balsillie and Mike Lazaridis, former finance vice president Angelo Loberto and former CFO Dennis Kavelman are alleged to have granted millions of undisclosed, backdated options to RIM executives and employees over an eight-year period from 1998 to 2006, according to the SEC.



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