Activision Sued Over Stock-Option Grants

By itself, backdating may not break any rules. But investigators are looking into whether companies properly disclosed such backdated grants to investors and whether they accounted for them correctly.

Companies that violated the rules could be subject to regulatory fines or worse. In some cases, backdating investigations have led to the ouster of company executives or directors.

Despite the lawsuit, investors were relatively bullish on Activision on Wednesday amid a broad market rally. In recent trading, the company's stock was up 58 cents, or 5%, to $12.19.

« Previous Page

1 2

Next Page »