August 1, 2005

SCO admits stock compensation snafu

Anonymous Reader writes "SCO Group Inc has offered to buy back from employees 312,806 shares of common stock
that the Unix vendor says it distributed without complying with registration or
qualification requirements under state securities laws. The company is offering to rescind
a total of 312,806 shares of common stock offered to current or former employees resident in
California, Connecticut, Illinois, New Jersey, Utah, Texas or Washington
."

Link: cbronline.com

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