BACKDATED STOCK OPTIONS
 

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

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

Regarding Macrovision, as reported in The Wall Street Journal, "On June 13, the Santa Clara, Calif., software company disclosed that the SEC requested information regarding stock-option grants to its senior management, directors and employees for the period since 1997. Macrovision also said it began an internal review. On June 28, the company said it received a subpoena from the U.S. attorney's office requesting information on the company's processes for granting stock options.  On Nov. 2, 2006, the company said that the SEC has notified it that it terminated its investigation without recommending that enforcement action be taken. On Feb. 13, 2007, the company said the U.S. attorney's office has withdrawn its subpoena in connection with its stock-option review, and that the company believes its work with the agencies on the options matter is finished."

If you are a current stockholder in Macrovision 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.