Google may have issued shares illegally | CNET News.com
Google may have issued shares illegally | CNET News.com: "Google may have run afoul of securities laws when it doled out millions of shares to employees and consultants over the past three years, according to a document filed Wednesday with the Securities and Exchange Commission.The Mountain View, Calif.-based company, which is preparing for a hotly anticipated public offering, is offering to rescind more than 28 million shares because it said it failed to register them under federal and state securities laws, according to an amendment to the company's IPO prospectus."
posted by Jen @ 10:38 AM
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