Summary:

I don’t understand this very clearly, but it is affecting CNET’s stock price…it has received a grand jury subpoena from the U.S. Attorney…

I don’t understand this very clearly, but it is affecting CNET’s stock price…it has received a grand jury subpoena from the U.S. Attorney for the Northern District of California asking for documents relating to its past options grants, the company disclosed on Tuesday in a document filed with the SEC.
The company said it plans to “cooperate fully” with the request, which potentially could lead to criminal charges against the company or its executives.

By Rafat Ali

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