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January 10th, 2007

Audio - FBI’s Burrus sees option manipulation cases declining

Posted by: Tim Dobbyn
Tags: Regulation, Summit

    The stock options scandal has mushroomed to comprise one-eighth of the FBI’s corporate fraud caseload. Sixty-one of 492 pending cases involve alleged mispricing of options, such as backdating, but that number is seen declining says James Burrus, a Federal Bureau of Investigation assistant director who heads the agency’s criminal investigative division.
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