Maxim Gets Subpoena on Options

Maxim Integrated Products (MXIM Quote) joined the growing list of companies saying that regulators want more information about past awards of stock options.

The company said Monday that it received a subpoena from the U.S. Attorney for the Northern District of California asking for documents relating to its option grants and practices. Maxim plans to cooperate with the request.

Additionally, Maxim said it was cooperating with a similar, previously disclosed request from the Securities and Exchange Commission. The integrated circuits maker has authorized a review of its option grants, which is being conducted by a special committee of the board with the assistance of outside independent legal advisers. ...