Posts Tagged ‘OSC’

RIM co-CEOs to pay $77 million CDN fine for stock backdating

by Michael Bettiol on February 6th, 2009 at 7:50am
Filed under: BlackBerry, News, RIM 6 Comments

Remember when we told you that the Ontario Securities Commission (OSC) was looking to fine RIM co-CEOs Mike Lazaridis and Jim Balsillie up to $100 million CDN ($81.1 million USD) for their role in stock option backdating that went on…

Regulators could possibly fine RIM co-CEOs up to $100 million CDN for role in decade old stock controversy

by Michael Bettiol on January 22nd, 2009 at 4:14pm
Filed under: BlackBerry, RIM, Rumors 6 Comments

Um, wow. Just wow. Remember how Mike Lazaridis and Jim Balsillie, the co-CEOs of RIM, got in trouble all the way back in 2006 after being busted for stock options backdating? They had apparently been doing it since 1996 and…