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ACS said it plans a charge of as much as million to rectify its accounting related to the grants. Edwards signed separation agreements with ACS that will allow them to remain with the company during a transition period ending June 30, 2007.It is being examined by the Securities and Exchange Commission. 7, the company announced that investors should no longer rely on its prior disclosures about the findings of its continuing internal probe. Noncash compensation costs related to backdating will be about million, plus additional tax-related expenses.- Jackson has taken the role of audit chair to new heights at JPMorgan Chase, establishing relationships with key regulators worldwide and successfully navigating the financial crises' many challenges.Despite warnings from the Bush Administration, as reported here that it would not support any legislation expanding the National Flood Insurance Program (“NFIP”) to include windstorm coverage, the House Financial Services Committee approved the Flood Insurance Reform and Modernization Act of 2007 (H. 3121), which contains just such an amendment to the NFIP.
We have worked on a variety of challenging criminal trials against both corporations and individuals, including the only two federal death penalty trials in California in the last 20 years.
The company also said its board has appointed a special subcommittee of independent directors to conduct an internal review of the companys historical stock-option grant practices. 25 the company said it appears likely that actual measurement dates for certain historical stock-option grants will be found to differ from the recorded grant dates for such awards.
As a result, it is possible that Activision will be required to record additional stock-based compensation expense related to stock-option grants.
Profile In his role as non-executive chairman of Ally Financial, Fritz Hobbs has overseen the survival and turnaround of the fi nancial services giant formerly known as GMAC, drawing on tremendous creativity, grace, and grit to get the job done.
Profile While serving as an independent director at Modus Link, Ed Lucente stepped up to run the company in a leadership vacuum, successfully steering operations, restoring staff and customer confi dence, and recruiting a new CEO.