WBIW News

Brought to you by WBIW News and Network Indiana

Thursday, July 24th, 2008
Make WBIW.com Your Home Page

I.U. Research Discovers Investor Fraud

Last updated on Tuesday, June 20, 2006
Advertisement

(BLOOMINGTON) - Research conducted by an Indiana University scholar has begun a nationwide inquiry into investor fraud at U.S. companies.

Randall Heron and a colleague from the University of Iowa showed how firms were "backdating" stock option grants to help executives benefit from increases to a company's stock price.

The research has fueled a national debate over whether the practice is illegal.


Section navigation: Previous Article  |  Next Article  (Archives)

When you see news happening, tell us!
Call 812.275.7555  |  E-mail tips@wbiw.com  |  Or send an IM via your AOL, MSN or Yahoo Messenger to wbiwnews