In the midst of the firestorm over backdating stock options, many questions have been asked about the role of boards of directors and specifically about directors who sit on compensation committees.

Some commentators have suggested that compensation committee directors, who typically had at least some involvement with approving options, should have been — or at least could have been — more vigilant in monitoring management and in demanding answers about options grants that might have been backdated.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]