SEC Suit Recommended Against Google Director
It would seem one of Google’s board members could find herself on the receiving end of a Securities and Exchange Commission lawsuit regarding stock option transactions made while she was chief financial officer at Pixar.
"On April 23, 2008, Ann was advised by the staff of the Los Angeles office of the Securities and Exchange Commission (SEC) that it intends to recommend that the SEC initiate a civil proceeding against her, alleging violation of federal securities laws related to certain stock option transactions involving her former employer, Pixar Animation Studios," Google said in a regulatory filing Monday.


