Stock options (BenefitsLink.com)Headlines re Stock options, gathered by BenefitsLink.comUnitedHealth Settles Backdating Suit and Also Settles ERISA-Related Litigation- (Found July 5, 2008 ) Excerpt: "'The settlement provides UnitedHealth Group with certainty and closure on this lawsuit, avoids potentially costly and protracted litigation and allows us to continue to focus on providing Americans with high-quality, affordable health care solutions.' Separately, UnitedHealth reached an agreement in principle to resolve the Employee Retirement Income Security Act (ERISA) class action litigation relating to the company's historical stock options practices that was originally filed.http://www.cfo.com/article.cfm/11660734/c_11659675?f=home_todayinfinance A Proposal for 'Hands-Off Options'- (Found July 5, 2008 ) Excerpt: "Despite recent reforms, public company executives can still use inside information to time their stock sales, secretly boosting their pay. They can also still inflate the stock price before selling. Such insider trading and price manipulation imposes large costs on shareholders. This paper suggests that executives' options be cashed out according to a pre-specified, gradual schedule. These hands-off options would substantially reduce the costs associated with current equity...http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1091068 |