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Engineered support systems backdating

“Why I Did Not Go To Jail” Michelle (note: her name has been changed) comprehensively understood software accounting, business models, and best practices, and she was beloved by Wall Street in no small part due to her honest and straightforward reporting of her previous company’s business.In my reference checking, at least a dozen investors told me that they made far more money when the numbers disappointed than when the company outperformed, because they trusted Michelle when she said that things were not worse than they appeared and bought on the dips.

Of all the parties who could have been seriously singed in the options back dating law enforcement conflagration ignited by Iowa academic Erik Lie, auditors were left pretty much unscathed.

How did Horowitz, according to his account, avoid jail?

He asked his General Counsel to review an Abrams proposal to advantageously date options.

According to Horowitz: I told “Michelle” that a better stock granting process sounded great, but I needed Jordan Breslow, my General Counsel, to review it before making a decision.

Jordan lived in my hometown of Berkeley and he certainly belonged there.

With hippie sensibilities, Jordan was nearly allergic to corporate politics, showmanship, or any behavior that covered the truth. I said: “That’s all fine and good, but I still need Jordan to review it first.” Jordan came back with an answer that I did not expect: “Ben, I’ve gone over the law six times and there’s no way that this practice is strictly within the bounds of the law Here’s what Mercury Interactive said Sharlene Abrams did when they sued her and the other executives: Abrams was also prosecuted by the SEC and went to jail for the criminal charges related to tax evasion brought by the Department of Justice.

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Feb 17, 2010. option backdating case against Michael F. Shanahan Jr. According to the St. Louis Post-Dispatch, U. S. District Judge Jean C. Hamilton ruled on Friday that the SEC failed to present enough evidence to show that Shanahan Jr. the son of the former CEO and co-founder of Engineered Support Systems. 
20-Nov-2018 02:14
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Oct 21, 2001. Officer, and Steven J. Landmann, former Controller, of Engineered Support Systems. Incorporated. The SEC alleged that Gerhardt and Landmann "participated in a six-year fraudulent options backdating scheme in which they granted undisclosed, in the money stock options to themselves and to other. 
20-Nov-2018 02:18
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The SEC filed civil fraud charges against Byrd, alleging that he disregarded signs that other senior executives were improperly backdating options grants. Engineered Support Systems, Gary Gerhardt, CFO, Charged with fraud and other offenses by a federal gand jury, March 26, 2007. Engineered Support. 
20-Nov-2018 02:22
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Jan 2, 2008. and the compensation committee of Engineered Support Systems. In July 2007, Mr. Shanahan was one of three firm officials who were indicted by a federal grand jury in St. Louis on multiple counts of fraud in connection with a stock options backdating scheme.51. Outside Auditors. To comply with U. S. 
20-Nov-2018 02:24
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Jun 4, 2013. Case opinion for MO Court of Appeals NICKELL v. SHANAHAN SR. Read the Court's full decision on FindLaw. 
20-Nov-2018 02:27
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Oct 7, 2009. There is no real dispute in this matter that Engineered Support Systems, Inc. “ESSI” backdated a number of stock option awards over a period of years in order to correspond with low points in the company's stock price, and made false statements regarding option pricing in its filings with the Commission. 
20-Nov-2018 02:31
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Jul 23, 2008. By Brad Lee. What year is this, 1993? The Shanahans, Brendan and Michael no releation, are back in the news for two very different things. Michael Shanahan Sr. pled guilty this week to a federal charge related to a stock backdating scheme involving his former business Engineered Support Systems Inc. 
20-Nov-2018 02:35
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A similar derivative suit alleged backdating. Embarcadero Technologies. Yes. 11/5/04. 9/9/08. Engineered Support Systems. No. 11/5/08. 7/19/07. Class action in Circuit Court for City of St. Louis, Missouri, alleges false financial reporting due to stock option backdating. Microtune, Inc. Yes. 2/24/04. 6/30/08. Molex Inc. 
20-Nov-2018 02:38
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Sepracor. 31. Comverse Technology. 76. Sigma Designs. 32. Corinthian Colleges. 77. Stolt-Nielsen. 33. Crown Castle International. 78. Sycamore Networks. 34. Cyberonics. 79. Sysview Technology. 35. Delta Petroleum. 80. Take-Two Interactive Software. 36. Endocare. 81. THQ. 37. Engineered Support Systems. 82. 
20-Nov-2018 02:40
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Engineered support systems backdating introduction

Engineered support systems backdating

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