Examlex
Discuss the concepts of sugar cravings and addictions.
Backdated Options
Stock options granted with an issue date in the past, often used to provide immediate gains for the option holder, but viewed critically for ethical and legal reasons.
SEC Reporting
Refers to the process of filing financial, operational, and other information required by the Securities and Exchange Commission, which oversees the securities industry in the United States.
Violated The Law
To act in a way that is contrary to legal statutes, regulations, or rulings, resulting in an infringement or breach.
Intrinsic Fairness Test
A legal examination to determine if a transaction within fiduciary relationships is equitable, based solely on its inherent fairness and merit.
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