Financial Times FT.com

Silicon Valley lawyer charged in options case

By Kevin Allison in San Francisco

Published: August 29 2007 01:59 | Last updated: August 29 2007 01:59

The Securities and Exchange Commission filed civil fraud charges on Tuesday against a lawyer accused of improper options backdating at two different Silicon Valley companies.

The charges provided further evidence that the SEC intends to take a hard line against corporate counsel who are alleged to have engaged in improper backdating of options grants.

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