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Google Settles SEC, California Charges over Options

WebmasterWorld Administrator brett_tabke us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

Msg#: 446 posted 8:54 pm on Jan 13, 2005 (gmt 0)

Reuters Story [reuters.com]

cnet [news.com.com]
Google Inc. and the Internet search engine company's General Counsel settled U.S. Securities and Exchange Commission charges that it failed to register over $80 million in employee stock options granted prior to its initial public offering last August, the SEC and Google said on Thursday.

The SEC said that Google and its General Counsel David Drummond agreed to cease and desist from further registration and financial disclosure violations. Neither the company nor Drummond admitted nor denied the charges, as is customary in such settlements.



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Msg#: 446 posted 2:39 am on Jan 14, 2005 (gmt 0)

I wonder how expensing stock options is going to affect Google.

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