Rotten Company

BlackBerry Limited

Approved Evidence

Added to Rotten Company: 9/1/2026
Conduct/Event period: 1998–2006
Ongoing: No
Resolution status: Resolved
Resolution date: February 17, 2009
misconduct

BlackBerry predecessor RIM settled SEC stock-option backdating allegations

Summary

On February 17, 2009, Research In Motion Limited, now BlackBerry Limited, settled a U.S. Securities and Exchange Commission action alleging stock-option backdating and materially false or misleading disclosures covering 1998 through 2006. RIM consented to injunctive relief without admitting or denying the allegations. The SEC also described related settlements with individual executives and Ontario regulators; those individual amounts are not attributed here as a corporate penalty. Primary source: https://www.sec.gov/news/press/2009/2009-27.htm

Evidence Weight
99.20
Severity: high
Recency Weight: 99.19516096652397
File Weight: 1