Rambus Examines Stock Option Practices

Staff Reporter -- Electronic News, 5/31/2006

Rambus Inc. has become the latest in a chain of semiconductor companies to face an investigation of its stock option granting practices.

The company Tuesday announced that the audit committee of its board of directors has commenced an internal investigation of the timing of past option grants and other potentially related issues.

The committee expects to focus primarily on options issued in or before 2003 and will be assisted by outside legal and accounting experts, Rambus said in its short statement, which withheld further details.

Altera, Linear and KLA-Tencor are among the growing number of companies undergoing investigations. For more on this unfolding controversy, click here.