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Corinthian to Review Option Grants
Stock quotes in this article:
COCO
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Shares in Corinthian Colleges(COCO Quote) fell 3% after the education company began reviewing stock option grants dating back to the company's initial public offering in 1999.
The Sarta Ana, Calif.-based company said it initiated its review following extensive news coverage and analyst reports about the option granting practices of numerous companies.
Corinthian's board has established a special committee of independent directors to review these matters and take any action deemed appropriate, it said. The company told the Securities and Exchange Commission about the review. ...
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