Stock Options: Dell in a delicate situation
by
pmax
. Original by
Lionel
- 02/04/2007 09:45:04 CEST
If the Apple Stock-Option situation seems to quiet down, the one involving Dell isn't. While the founder has taken back the driving seat a few weeks ago, he now finds himself in the middle of a financial crisis. The company has announced that they wouldn't be able to supply on time to the SEC (Securities and Exchange Commission) the information requested, following the discovery of embezzlements and of accounting modifications made on stock options attribution dates.
According to Dell those documents should be available on April 18th.