Option questions.Option Questions: Semtech Corp., a maker of semiconductors being probed by the Securities and Exchange Commission for possibly backdating Backdating Dating any document by a date earlier than the one on which the document was originally drawn up.Notes: This is obviously fraudulent. The IRS doesn't like this at all. In fact they tend to do a little more than frown upon it when they discover backdating. See also: IRS executive stock options, reported that it received a grand jury subpoena subpena (subpoena) (suh-pea-nah) n. an order of the court for a witness to appear at a particular time and place to testify and/or produce documents in the control of the witness (if a "subpena duces tecum"). A subpena is used to obtain testimony from a witness at both depositions (testimony under oath taken outside of court) and at trial. for documents related to its option practices. The Camarillo company said the subpoena was received from a jury impaneled impanel v. to select and install a jury. (See: impaneling, jury) at the U.S. District Court in New York. 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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