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Option questions.


Option Questions: Semtech Corp., a maker of semiconductors being probed by the Securities and Exchange Commission for possibly backdating Predating a document or instrument prior to the date it was actually drawn. The negotiability of an instrument is not affected by the fact that it is backdated.  executive stock options, reported that it received a grand jury subpoena subpoena (səpē`nə) [Lat.,=under penalty], in law, an order to a witness to appear before a court. A subpoena ad testificandum [Lat.  for documents related to its option practices. The Camarillo Camarillo (kă'mərē`yō), city (1990 pop. 52,303), Ventura co., S Calif.; inc. 1964. It is the center of a fertile farm area where citrus fruits and flowers are grown.  company said the subpoena was received from a jury impaneled at the U.S. District Court in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. Also, the company announced it is the subject of two shareholder lawsuits filed in Ventura County Superior Court over its option grants.
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Title Annotation:Semtech Corp. for back dating executive stock option
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1USA
Date:Jun 19, 2006
Words:80
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