Rambus Inc., which licenses technology to computer chip manufacturers, is launching an internal investigation into how company officials distributed stock options in 2003 and before. At least two dozen companies are under government and shareholder scrutiny over option grants and as Rambus spokeswoman Linda Ashmore puts it, "We wanted to do the prudent thing given the attention this is currently receiving."
June 01, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Rambus Inc., which licenses technology to computer chip manufacturers, said Tuesday it has launched an internal investigation into how company officials doled out stock options in 2003 and before.
The action of Los Altos, Calif.-based Rambus’ audit committee comes amid a series of government investigations and shareholder lawsuits aimed at other companies’ option-awarding practices.
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