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Computer Business Review: SCO Admits Stock Compensation Snafu

Written By
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Web Webster
Web Webster
Aug 1, 2005

“SCO Group Inc has offered to buy back from employees 312,806
shares of common stock that the Unix vendor says it distributed
without complying with registration or qualification requirements
under state securities laws.

“The Lindon, Utah-based Unix vendor revealed in a filing with
the Securities and Exchange Commission that it had issued more
shares under its 2000 Employee Stock Purchase Plan than had been
previously registered for issuance…”


Complete Story

thumbnail
Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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