Converse backdating

However, as alleged in the complaint, Alexander, Kreinberg and Sorin fraudulently backdated the options awarded under each of these stock option plans to days when the stock was trading at periodic low points.As a result, the options were granted below fair market value, that is, below the trading price on the date the options were actually granted.Investors take risks and do their best to see into the future when picking companies in which to invest.We cannot allow corporate leaders to operate under different rules, using 20-20 hindsight to line their own pockets.A property owner or the owner's authorized agent must file the necessary application before May 1 of the tax year.To apply for an exemption, call the Bexar Appraisal District at (210) 224-2432.Their alleged fraud affected the companys bottom line by deliberately misstating earnings, a material misrepresentation to shareholders.

According to the public filings, the pricing of the stock options under the plans would serve shareholder interests because executives and employees who received the options would continue to work diligently to promote the success of the company and thereby contribute to a rise in the stock price.If you have been granted one of the above listed EXEMPTIONS, you may begin your payments in October and make your payments in ten (10) equal installments without incurring penalty and interest, if paid according to the following schedule: The deadlines for the payment options are mandated in accordance to the Property Tax Code. Reminder notices are mailed to the current address on the tax records just prior to the deadlines.Failure to receive a reminder does not extend the deadline for payment.Gutierrez, PCC Director, Property Tax Department Pat Hatzel, PCC Director, Financial Reporting Department Richard Salas, Esq.Manager, Customer and Public Information TAX OFFICE HOURS & LOCATIONS MAIN OFFICE - DOWNTOWN Vista Verde Plaza Building 233 N.

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