Written by Mintz Levin attorneys Mary-Laura Greely and Pamela Greene and Published in Boston Women's Business, February 2007.
This article discusses stock option benefits and backdating actions, the consequences of backdating options, how to truly avoid the pitfalls of backdating and the outlook for 2007.
Mary-Laura is a member in the firm's Boston office and practices in the Business and Finance Section. Her practice focuses on mergers and acquisitions, venture capital and corporate finance, private placements and general corporate representation. She actively counsels clients in the organization and financing of new businesses, employment and executive compensation matters, strategic growth opportunities, corporate governance issues, succession planning, and the resolution of complex stockholder and partnership disputes. Mary-Laura has also advised some of the nation's largest banks on syndicated secured domestic and international debt financings with complex structural issues, as well as acquisition financings, asset-based middle market transactions and loan restructurings.
Pam is Special Counsel in the firm's Boston office, where she practices in the Business and Finance Section. Her practice concentrates on counseling public companies with respect to securities compliance under both the Securities Act of 1933 and the Securities Exchange Act of 1934 and corporate governance matters, including compliance with the Sarbanes-Oxley Act of 2002. In addition, she advises and represents public and private companies, as well as individuals on equity compensation matters.