Bookstore chain Barnes & Noble Inc. said Tuesday it received a subpoena regarding its stock option practices from the U.S. Attorney for the Southern District of New York. In a regulatory filing with the SEC, the company said it received the subpoena last week and it intends to fully cooperate in its response. Barnes & Noble reported in July that the SEC had launched an informal inquiry into its stock option granting practices.
August 30, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Bookstore chain Barnes & Noble Inc. said Tuesday it received a subpoena regarding its stock option practices from the U.S. Attorney for the Southern District of New York.
In a regulatory filing with the Securities and Exchange Commission, the company said it received the subpoena on Aug. 25 and it intends to fully cooperate in its response.
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