[Note: The following schemes allow
backdates of payment for the same or greater periods without any necessity to show «good cause» for late claim: Invalidity Pension (6 months), State Pension (Contributory), Guardian's Payment (Contributory), State Pension (Transition), Widow's, Widower's or Surviving Civil Partner's Contributory Pension (6 months), Medical Care (12 months).
Bruce Karatz Former chairman / CEO KB Home Charges: Karatz was indicted in March on 20 counts, which include charges of fraud and making false statements regarding
the backdating of stock options from 1999 to 2006.
During the heated and often angry debate in Commons committee, Smith claimed the government had consulted the Electoral Commission, fulfilled its statutory obligations and insisted there was «widespread support» among parties in Northern Ireland for
no backdating of transparency other than from July 2017.
And Henning's article does not even touch on
the backdating of stock options matter that's been discussed for the past few months and raises questions about whether GCs and outside counsel should have flagged potential legal problems associated with companies» failure to disclose backdating.
«Despite Apple's disclosure that Jobs approved widespread backdating at Apple, there is no evidence he directed
the backdating of his own grant or covered it up afterward, based on a review of regulatory filings and interviews with lawyers intimately familiar with the grant who asked not to be identified.»
This is surprising given that these were the first major revisions to the disclosure rules since 1992 and that they squarely address the corporate scandal du jour —
backdating of stock options.
Since it emerged earlier this year that
the backdating of stock options was widespread within the high - techology industry, the scandal has grown larger by the day.
Lately, two scandals — Hewlett - Packard Co.'s board - leak investigation and
the backdating of stock options — are shining a light on the role of in - house lawyers at Silicon Valley technology companies.
In the wake of recent scandals related to pretexting and
backdating of stock options, Asbhy Jones of The Wall Street Journal considers the role of the in house counsel at Silicon Valley companies in Silicon Valley's Outsiders: In - House Lawyers?
Represented the Special Committee of the Board of Directors of Apple, Inc. in an internal investigation into the alleged
backdating of stock option grants received by Apple executives including Steve Jobs, as well as the Apple Special Litigation Committee in related shareholder derivative lawsuits and class action litigation.
Extra statutory provisions allowed for
backdating of late claims received before 1 January 1997.
Not exact matches
Country officials have seemingly
backdated the disclosure times
of vulnerabilities that government hackers may want to use.
Jacob «Kobi» Alexander Former CEO Comverse Technology Charges: In 2007, Alexander was indicted on 35 counts
of conspiracy, securities fraud and money laundering in connection with
backdating stock options.
In the annals
of white - collar crime, the recent rash
of «
backdating» executive stock options deserves its own fat chapter.
When we think
of Jobs and compensation, we remember his place at the center
of the Silicon Valley stock options
backdating scandals.
A similar investigation at Disney into
backdated options at its Pixar subsidiary also cleared Jobs
of any wrongdoing.
The overall fiscal effects
of the changes to manufacturing policy and advanced research are
backdated, with a cost
of only $ 10 million in fiscal year 2015 - 16.
Mr. Kumar and other senior executives, according to the indictment, were so desperate to meet Wall Street's forecasts for Computer Associates» quarterly profits that they
backdated billions
of dollars in contracts to do so.
The Securities & Exchange Commission is scrutinizing Apple's internal audit as part
of a formal investigation into the company's
backdating.
It's been difficult for me to determine how my mix
of stuff has done vs. a given index because the PersonalCapital You Index feature takes your current portfolio weightings and
backdates that rather than accounting for your trades, natural changes in value, added contributions etc
Instead
of backdating corporate tax cuts, the GOP could instead opt to render individual reforms retroactive.
-- A former Take - Two executive carries the dubious distinction
of being the first chief executive to be convicted
of backdating stock options.
Then Clark's chief
of staff, Dix had
backdated a memo in an attempt to protect the premier from conflict -
of - interest charges.
Tonna and Schembri said this was a repayment
of an earlier loan, but the FIAU was sceptical, in a report it passed to police in July 2016, and recommended forensic tests to see if loan documents had been
backdated.
Interviewed by Carrie Tate
of The Globe and Mail concerning stock option
backdating and the mining sector, June 14, 2014.
He is outdated,
backdated, tactically poor and most
of all not ambitious.
Nevertheless LITRG believe a significant proportion
of these claimants have not received the
backdated tax credits to which they are entitled.
If a nine - yearold girl asks for the facts
of life, the response from teacher should not be: «Come back with the baby when you're 13, and we'll
backdate the information.»
The most natural place to inform a claimant is the claim form, but this is silent on the subject
of backdating, as are the accompanying notes, and the checklist people get once they have their first award notice, which is supposed to enable them to make sure their award is correct.
«Neither
of HMRC's tax credit leaflets says anything about how to request
backdating or who needs to do it.
«It is clear to us that HMRC owe many tax credit claimants a lot
of money for
backdating payments not made.
However some
of these claimants will have received
backdated tax credits, either because they came off certain benefits at the same time and therefore got automatic
backdating, or because they successfully claimed
backdated tax credits, despite the obstacles in their way.
«One
of the most welcome features
of the tax credit system is the facility to
backdate entitlement by up to three months before the claim has been received by HMRC.
The Low Incomes Tax Reform Group (LITRG) believe that many thousands
of people who claim working tax credits are losing out on money they are legally entitled to because HMRC is excluding them from its automatic
backdating regime and failing to inform them they have a right to claim
backdated tax credits.
«For most tax credit claimants, HMRC gives this
backdating automatically on receipt
of the claim.
So if you are Miguel Martinez and you
backdate a few receipts to the tune
of a couple grand, you go to federal prison.
As for the
backdated checks that Paterson wrote to cover the costs
of the two tickets he secured for his son and his son's friend (at $ 425 a pop; recall that the governor never paid for his own ticket, arguing he attended the game in a professional capacity), Kaye failed to find evidence
of falsification and therefore is not recommending any criminal charges.
When the validity
of Rosenthal's «consulting» arrangement with the Housing Authority was questioned, Rosenthal and Meissner submitted a falsified,
backdated contract in an effort to cover the illegal retirement payments.
A letter signed by a Senior Corporate Law Officer, Jaezi Orleans - Lindsay cautioned against
backdating the payment
of...
A letter signed by a Senior Corporate Law Officer, Jaezi Orleans - Lindsay cautioned against
backdating the payment
of $ 2,000,000 for the software to 2014.
Speaking to Citi News yesterday [Sunday], the Director
of Payroll at the Auditor General's Department, Ben Tandoh, explained that
backdating was indeed fraudulent because it is an attempt to fleece Government
of unearned salary.
«
Backdating is fraudulent because it has an element
of unearned salary and it is not only unearned salary, we must remember that Government pays 13 percent as employee's contribution to the social security on your behalf.»
Stocker said he believes the Conservative party forged some
of its signatures and
backdated others.
Both
of these major tax cuts will be
backdated so they are effective from the 1st
of January this year, and my HF the Exchequer Secretary will work with the industry to give them our full support.
The Home Office has refused to
backdate a 2.5 per cent pay rise to September, in a move officers claim diminishes the value
of the award to 1.9 per cent.
But, crucially, he has gone back on a prior commitment to
backdate transparency to 2014 so that the source
of the vast DUP donation could be revealed — despite calls from all the Northern Irish political parties (apart from the DUP) to do so.
But he has now ruled out
backdating the law change to 2014, which would have revealed the source
of the DUP cash.
«To ask the Secretary
of State for Work and Pensions what is the maximum period
of time within which (a) benefit claimants are able to make
backdated claims for benefit entitlement and (b) for which his Department may seek repayments
of overpayments made in error.
The problem was not the figure but the fact the award will be
backdated only to December 1, and not to September 1 as the Police Federation
of England and Wales had expected.
Rather than
backdate transparency rules to 2014 — which would reveal the source
of the # 435,000 DUP cash — Brokenshire announced earlier this year that the change, which will be made through secondary legislation, would only apply to donations and loans received after 1st July 2017.