BlackBerry Execs Fined $100M

Corporate scandals involving back-dating stock options just keep living on.

Word is two top executives of Research In Motion Ltd., the Canadian maker of the ubiquitous BlackBerry, may pay dearly for their role in a stock option accounting controversy dating back over a decade.

The Ontario Securities Commission is seeking a record penalty — one that reportedly could be as high as $100-million — from the top two executives for their role in backdating more than 40 percent of stock options granted to employees since 1996.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.