3 posts and columns on Dennis Kavelman

Backdating Settlement in Motion, Redux

in News on February 17, 2009 at 3:52 pm PT

Two weeks after Canadian regulators dropped the hammer on Blackberry maker Research-In-Motion for its stock option backdating scheme, the Securities and Exchange Commission has dropped it again. Today, the agency charged four RIM execs with illegally granting stock options to company employees over an eight-year period from 1998 through 2006.
blackberry

A Short, Sharp Shock

in News on February 6, 2009 at 3:15 pm PT

Backdating Settlement in Motion

in News on February 6, 2009 at 5:17 am PT

Earlier this week Research in Motion revealed that “certain of its officers and directors” had reached a settlement with the Ontario Securities Commission over backdating stock options. Now we know who those certain officers and directors are: Co-Chief Executives Jim Balsillie and Mike Lazaridis, Chief Financial Officer Dennis Kavelman, and Finance Director Angelo Loberto.