Defendant Name:
Analog Devices, Inc.
Defendant Type:
Public Company
Document Reference:
2008-102_3-13050
Document Details
Legal Case Name
In the Matter of Analog Devices, Inc. and Jerald G. Fishman
Document Name
Analog Devices and CEO Settle Stock Option Backdating Charges
Document Date
30-May-2008
Document Format
Administrative Proceeding
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. Without admitting or denying the SEC's findings, Analog and Fishman agreed to settle charges against them by consenting to the entry of an administrative cease-and-desist order."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Undertakings: "Analog also agreed to re-price two of the three option grants awarded toFishman that he has not yet exercised in order to eliminate the benefit ofthe lower exercise prices that resulted from backdating the options."
Other Defendants in Action:
