BACKDATED STOCK OPTIONS
 

Shapiro Haber & Urmy LLP Now Investigating Stock Options Backdating Practices By Jabil Circuit

Shapiro Haber & Urmy LLP is currently investigating stock options backdating practices at over 100 companies, including Jabil Circuit.

Regarding Jabil Circuit, as reported in The Wall Street Journal, "The St. Petersburg, Fla., maker of circuit boards and computer components said June 21 it received a subpoena from the U.S. attorney's office for the Southern District of New York requesting information related to an inquiry about how it accounted for stock-option grants in past years. On May 3, Jabil Circuit said two preliminary internal reviews determined that the company didn't backdate stock-options grants. The SEC is conducting an informal inquiry, and Jabil said a special board committee would also be looking into the matter."

If you are a current stockholder in Jabil Circuit and would like to learn about your legal rights in seeking to remedy improper options backdating at the company, please click here or call 800-287-8119 to contact our paralegal, Sophie Horowitz.  Our initial consultation and case assessment will be done at no charge or obligation to you.

Shapiro Haber & Urmy LLP is a leading force in bringing lawsuits on behalf of shareholders who own stock in corporations implicated in the rampant and ongoing stock options backdating scandal.  Led by attorneys Edward F. Haber and Michelle H. Blauner, our firm has already filed numerous cases, in both state and federal courts, concerning the improper backdating of stock options granted to officers, directors, and executives who appear to have used backdated stock options to create for themselves tens, or even hundreds, of millions of dollars in profit and unrealized gain at the direct expense of their corporations.

To learn more about our efforts targeting unlawful corporate stock options practices at corporations nationwide, please click here to view our main stock options backdating webpage, which contains detailed explanations of stock options, option backdating, and why option backdating can be illegal.  Also featured are complaints filed by our firm in other stock options backdating cases, as well as a full list of all the corporations we are currently investigating.