NVIDIA gets a clean bill of health from the SEC…
NVIDIA (ticker:NVDA), the Santa Clara chipmaker, filed an 8-K on Wednesday disclosing that the U.S. Securities and Exchange Commission had wrapped up its investigation into the company’s options dating practices. The result: No charges will be filed.
Last November, the company said it was restating seven years worth of earnings and taking total charges of $190.2 million for compensation expenses after an internal investigation revealed some stock options backdating.
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