With dozens of companies already embroiled in some type of investigation into past option-grant practices, and many facing litigation, the current wave of stock option scandals has no doubt left many companies digging deep to see whether or not they have an issue, even if the U.S. Attorney’s Office and the Securities and Exchange Commission haven’t come knocking.
All of this means companies ought to be getting intimately familiar with the details of their directors and officers liability insurance policies, experts say.
