Defendant Name: Analog Devices, Inc.

Defendant Type: Public Company

Document Reference: LR-20604

Document Details

Legal Case Name SEC v. Analog Devices, Inc. and Jerald Fishman
Document Name Analog Devices and Its CEO Settle Stock Option Backdating Charges
Document Date 30-May-2008
Document Format Civil Proceeding
Case Number 08-cv-00920
Federal District Court District of Columbia, District of Columbia
Allegation Type Issuer Reporting and Disclosure
Document Summary On May 30, 2008, the SEC stated that: "[It] charged Massachusetts high tech company Analog Devices, Inc. and its CEO Jerald Fishman for reporting false compensation and related financial information to investors by backdating stock option grants to officers, directors and employees."

Related Documents:

comp20604 30-May-2008 Complaint
Complaint
The Commission stated: "During at least 1998 through 2002, Analog Devices, Inc. ("Analog" or "the company") and its CEO Jerald G. Fishman ("Fishman") engaged in an improper course of conduct involving backdating stock option grants that operated as a fraud on Analog's shareholders and resulted in Fishman and other executives, directors and employees of Analog receiving undisclosed compensation."
2008-102_08-cv-00920 30-May-2008 Press Release--Civil Action
Analog Devices and CEO Settle Stock Option Backdating Charges
The Commission stated: "In a [...] civil action filed today in U.S. District Court for the District of Columbia, without admitting or denying the allegations in the SEC's complaint, Analog consented to pay a $3 million civil penalty."
court_doc5_08-cv-00920 29-Sep-2008 Court Docket Document
Order for Final Judgment
The Court stated: "it is hereby ORDERED that . . . Analog Devices, Inc. is liable for a civil penalty in the amount of $3,000,000.00."

Other Defendants in Action:

Jerald G. Fishman

Related Actions:

In the Matter of Analog Devices, Inc. and Jerald G. Fishman
Analog Devices, Inc.
Jerald G. Fishman