NPR logo BlackBerry Execs Fined $100M

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.