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  1. stefano1979's Avatar
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    Thread AuthorThread Author   #1  

    Default Balsillie and Lazaridis Fined 7 Million!!

    Jim Balsillie and Lazaridis Fined 7 Million in Stock Option Back Dating Investigation. (

    Anyone have anymore details about this investigation?
  2. simps's Avatar
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    I read last night that they were supposed to be meeting with the OSC (Ontario Securities Commission) today, where did you read that they were fined 7 million?
  3. stefano1979's Avatar
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    Quote Originally Posted by simps View Post
    I read last night that they were supposed to be meeting with the OSC (Ontario Securities Commission) today, where did you read that they were fined 7 million?
    I read it on Yahoo News Canada, but the CTV report has the full tally of fines.
  4. JBezeau's Avatar
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    BREAKING: RIM settles with OSC for $76 million, Balsillie to step down from board | BlackBerry Cool Apparently they have been forced to Step down from the board or they choose too
  5. jhamilton3#CB's Avatar
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    wow - I wonder how this will affect RIM
  6. DaPhoneking's Avatar
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    WOW!

    He has to step down too? I hope the sharks at Micro$oft don't get hungry and attempt to try to buy RIM.
    "If At first you don't succeed, hide all evidence you've tried" - Terrence C.

    1,000th signature achieved 2/28/10..... I am now a BB Master.

    Currently own 10 BB's: 8100, 8220, 8320, 8520, 8900, 9300 x2, 9550, 9700, 9800... Yeah, I'm addicted.
  7. dougONCT's Avatar
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    I'm going to bet that the pending OSC difficulties have been weighing heavy on folks at RIM. Hopefully with the decision now behind them, the fog will lift, they'll float an OS for the Storm that is worthy of the Blackberry name and reputation, and as a bonus, Balsillie will finally get the long-coveted Nashville Predators to relocate to Southern Ontario (preferably Hamilton, but KW would be fine too).
  8. sam123gil's Avatar
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    forget that just give me $25 grand and i'll be okay
  9. DaPhoneking's Avatar
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    Quote Originally Posted by sam123gil View Post
    forget that just give me $25 grand and i'll be okay
    $25 grand? Shoot!!! Give me $2 million and we're straight.
    "If At first you don't succeed, hide all evidence you've tried" - Terrence C.

    1,000th signature achieved 2/28/10..... I am now a BB Master.

    Currently own 10 BB's: 8100, 8220, 8320, 8520, 8900, 9300 x2, 9550, 9700, 9800... Yeah, I'm addicted.

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