Recent scrutiny of public company executive stock option practices by U.S. regulators, media and others has focused the attention of Canadian corporate boards and compensation committees along with in-house and external counsel.
Working with counsel to respond to regulatory inquiries and to
proactively address concerns regarding "backdating", "spring-loading" or other executive stock option irregularities, we apply our U.S. and Canadian expertise and experience to address the following investigative, accounting, regulatory and stock price impact aspects of these kinds of allegations:
| Assurance: |
Analysis of options granting and share trading history to provide assurance to companies and boards that irregularities have not occurred; |
| | |
| Forensic Investigation: |
Investigation into alleged or suspected irregularities relating to executive options, including context sensitive assessments of accounting for executive options and related control policies and procedures; |
| | |
| Disclosure Analysis: |
Coordination with lawyers, auditors and securities regulators in order to mitigate the impact of any required disclosures and/or restatements; |
| | |
| Valuation: |
Executive stock option valuation using Black-Scholes and other derivative valuation methods for materiality assessments and reporting requirements; and |
| | |
| Damage Quantification: |
Estimation of potential exposure in class actions, other civil litigation and/or regulatory proceedings. |
