Client Alert

Tax Urgency for Backdated (or Misdated) Stock Options: 409A Penalties Absent Action in 2006

October 12, 2006

Mark Poerio with Betty Brower, Eric Keller and Mike Zuppone

On October 4, 2006, the Treasury Department and the IRS signaled their intent to apply penalties under Section 409A of the Internal Revenue Code to those who have received stock options or stock appreciation rights (aka SARs) that were backdated or mis-dated, granted to Section 16 reporting persons, and not subject to corrective amendments before the end of  2006.

Click here for a PDF of the full text

Practice Areas

Securities Litigation

Get In Touch With Us

Contact Us