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Docu-Drama

Hopefully you saved the receipts

That tax man cometh to National Semiconductor. In a 10-K filed on Thursday, the Sunnyvale company noted that the IRS has been auditing its tax returns for the fiscal years running from 1997 to 2000. The IRS has decided National owes Read More →

Shantanu Narayen might be number two at Adobe Systems of San Jose, but for the week of July 13 he was the number one seller of stock among Silicon Valley insiders. Narayen, president and chief operating officer, has been at Adobe Read More →

In case you haven’t heard, there’s an options backdating scandal going on…

Here's a goof you probably don't want your company to make these days: Putting the wrong option grant date on the Form 4 disclosing the award of stock options. Especially when it's your directors. Apparently, Yahoo's fact checkers missed that memo. Read More →

As ESS Technology turns…

This one slipped by us on Monday. But there's a little more intrigue at ESS Technology, the Fremont chip maker. Last week, we blogged about the departure of Chairman and founder Fred Chan, who apparently left to pursue philanthropic callings. Read More →

Score: Shareholders 1, Ultratech 1

Ultratech shareholders kinda, sorta rebelled against the company on Tuesday. On one hand, they re-elected three directors to the company's board. On the other hand, they rejected the board's advice by passing a proposal advocating that all directors stand for election each year. Read More →

Options backdating restatement, part 798; or Please disregard that last decade worth of earnings

Today's featured guest: Silicon Storage Technology of Sunnyvale. In an 8-K filed Tuesday, the company said it would be restating its results for the period between 1997 and September 2006. That only covers just about every earnings related filing the company Read More →
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