La notizia è questa: Google ha annunciato che permetterà ai propri dipendenti di esercitare le eventuali stock options solo se il prezzo in Borsa delle azioni sarà uguale a superiore a 308,57 dollari.

Fin qui nulla di strano, se non che un analista – Trip Chowdhry – ha il sospetto che il management di Google stia manipolando il prezzo delle options per dare agli impiegati migliori prospettive di esercizio delle options stesse.

But while Google views the program as an incentive to hold on to top employees, many shareholders don’t see it that way, according to Global Equities Research Analyst Trip Chowdhry. In a research note published Friday, Chowdhry warned investors of the possibility that Google’s “management is manipulating” the stock price to give employees better repricing options. He claims that Google’s executives “kept quiet,” so management could continue to sell their stock under the U.S. Securities and Exchange Commission (SEC) 144 guidelines.

“Google is not taking shareholders into consideration,” Chowdhry told Online Media Daily. In the research note, he questions the timing of recent statements and stock sales by Google executives, as well as comments made by CEO Eric Schmidt during an interview last week with CNBC’s Bill Griffeth. “The timing of Eric Schmidt’s negative comments and the option repricing for employees, etc., are too coincidental,” Chowdhry wrote to investors. “However, you can make your own judgment. We just don’t feel comfortable with what we observe.” [via]

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