Feb 21, 2007

HR Executives - Dont get Caught Up in the Options Furor

HR Executives - Don't get Caught Up in the Options Furor

With stock options widely used as perks to attract talent, personnel staff regularly were brought into executives’ machinations on options awards – often signing the relevant paperwork such as memos to employees or letters making job offers.

That means their fingerprints are on documents that can enter into the paper trails that prosecutors are using to build options-dating cases.

“HR people have to be careful,” said John Gamble, an attorney at Fisher & Phillips, an Atlanta firm specializing in labor and employment law. “Sometimes they get assignments that they need to think twice about.”

HR Executives Caught Up in Options Furor Chron.com - Houston Chronicle