The Stock Options Backdating Scandal

In another high profile ouster resulting from the exploding executive stock options scandal that began exploding this summer:  KB Homes CEO Bruce Karatz, and two other execs from the massive LA-based home building giant.

Some of us Lab’ers watched this scandal emerge, live and in our face, during our summer session Business Law class. Graziadio Law faculty Gia Weisdorn encouraged discussion of the emerging issue in class; in fact, she began discussing it back in May when it was a little sidebar in the WSJ and cautioned us that it could become major news along with other issues of excessive executive compensation. Wow, was she right.

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