Option Granting Practices and exploits Message Board

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Strategies & Market Trends : Option Granting Practices and exploits

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Nov 4 3:59 PM EST

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To: Glenn Petersen who wrote (14)	7/24/2006 1:34:46 PM
From: RockyBalboa	Read Replies (1) of 165

Boston Comm gets SEC notice over stock option grants SAN FRANCISCO (MarketWatch) -- Boston Communications Group (BCGI : Boston Communications Group BCGI 2.78, -1.23, -30.7%) said Friday the Securities and Exchange Commission has notified the company of an informal inquiry into certain option grants the company made between 1998 and 2002. The company said it has retained outside counsel, and has begun to review the matter. Bedford, Mass.-based Boston Communications said, based on its investigation to date, the actual measurement dates for accounting purposes for certain stock option grants during prior periods may differ from the recorded grant dates. As a result, the company said it may need to record additional non-cash charges for stock-based compensation expense. The financial impact has not been determined, the company said.

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