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You are here: Home / BlackBerry / RIM Provides Status Update

RIM Provides Status Update

February 27, 2007 by Robb Dunewood Leave a Comment

Another two weeks have passed and BlackBerry maker, Research in Motion, has provided another status update in the company’s voluntary review of stock option grants.

As disclosed by the Company on February 16, 2007, the Company’s management-initiated, voluntary review of stock option grants is nearing completion. The Special Committee of RIM’s Board of Directors is scheduled to present its key findings, conclusions and recommendations to RIM’s Board of Directors on Friday, March 2, 2007. Following the Special Committee’s presentation to the Board and the Board’s consideration thereof, the Company anticipates disclosing a summary of the key findings, conclusions and recommendations of the Special Committee in a press release which it currently expects will be issued on Monday, March 5, 2007. The press release on March 5 will serve as the Company’s regular, bi-weekly status update that would have been otherwise issued on March 2, 2007.

Read the full press release…

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