Backdating wall


11-Oct-2017 11:27

From the supply side, the question is what motivates a firm to grant a backdated option, and from the demand side, what motivates an executive to demand (or, at the very least, accept) a backdated option? Both sets of motivations arise from the quantitative and qualitative benefits, costs, and risks of issuing and receiving backdated options. Certain AMT may be carried forward and applied to reduce the general tax payable in subsequent years (to the extent that the general tax exceeds the tentative alternative minimum tax liability for the subsequent year). This week, another former confidante to Jobs came under the microscope of federal regulators.Ann Mather, who worked as chief financial officer of Pixar Animation Studios before then-chief executive Jobs dealt Pixar to Walt Disney Co.Christian Becker’s practice focuses on white collar criminal defense, internal investigations, and complex commercial litigation.He has represented a wide variety of clients in both federal and state courts in New York and around the country.The turnaround was masterful; in fact, it's now the subject of business-school case studies.But as yet another executive who was once close to Jobs comes under the backdating cloud, one has to wonder: Is Jobs as innocent as Apple Inc. Or is the government afraid to go after one of the most respected leaders of American business? You can put him up there with Bill Gates and Warren Buffett," said Peter Henning, a professor who studies white-collar crime at Wayne State University in Detroit and one of the few legal scholars still paying attention to stock-options backdating.

Sandra Lee, the Food Network star who lives with State Attorney General Andrew Cuomo, has an unusual problem when she shops for a bikini.

stock options in the past have largely been closed by recent legislation, governmental agencies and the plaintiff's bar have dedicated significant resources in the past year to address past option backdating practices.