This is what the market needs right now to solve the growing list of reported and yet to be reported back dating issues," said Jett Winter, President & CEO of Winter Consulting Group, a Financial Services Strategy Consultancy.
This new back dating solution gathers detailed time stamped transaction information and relates it to the company's stock price over time.
On September 6, 2006, Aspen announced that it would be forced to restate its previously issued financial statements to correct the back dating
of certain stock options, by booking approximately $31 million of additional non-cash compensation expense.
JUST when we had finally established that Britney Spears and Justin Timberlake were not a couple, reports from the US claim the pair are back dating
Although the study acknowledges that Circuit City's managers might have just been "lucky" when they were awarded options awards just prior to an appreciation in the company's stock price, "other possible explanations include back dating
of options awards and/or 'spring loading' of awards.