Summary
Black Box Corp., one of the region's oldest and most successful technology firms, is believed to be the first Pittsburgh-area company to be drawn into the growing stock-option backdating scandal.
Fourteen top executives and board members at the Lawrence, Washington County-based communications network provider are named in two derivative lawsuits brought by individual shareholders John L. Anderson and Steve Leisy, alleging the defendants colluded to backdate stock options.See the full content of this document
Extract
Backdating Suit Names Black Box Execs
Among the 14 defendants are Black Box CEO Frederick Young, corporate compliance director Anna Baird, and chief financial officer Michael McAndrew. Former Black Box director William R. New...
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