CNet Subpoenaed on Option Grants


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.

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