With all the good news raining on PTC, a piece of bad news was kept under the umbrella: PTC also has misdated stock options. The staff writer of Computer Business Review Online finds that:
...PTC's review did identify some stock-option grants, substantially all of which were made to non-executive employees, where "all of the prerequisites for completing an option grant were not completed at the time of grant, resulting in financial accounting measurement dates for those grants that differ from the stated grant dates."
The stock-option backdating investigation is costing PTC US$2.3 million.
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