SEC v. Former Chief Executive Officer
The Focal Point teamed up with Keker, Van Nest & Peters in a case to defend a former CEO against a director and officer ban sought by the SEC in relation to the company’s historical stock option granting process.
The Focal Point’s Role
The Focal Point partnered with the Keker, Van Nest & Peters team to develop graphics to depict how the stock option process worked at the company, the CEO’s very limited role in—and lack of visibility to—the granting process.
The judge ruled in favor of our client, denying the SEC’s claim for a director and officer ban.
US District Court, Northern California (San Jose, CA)
Judge James S. Ware
The Focal Point’s Client