San Jose-based FPGA developer Xilinx today announced that the U.S. Securities and Exchange Commission (SEC) is conducting an informal inquiry into the company's stock option granting practices.
Earlier this month, Xilinx's board of directors and other officers were named as the subjects of two separate lawsuits filed by company shareholders, both regarding the alleged backdating of stock options.
Xilinx is just the one of many semi companies being investigated by the SEC regarding the alleged mishandling of stock option grants, including Broadcom, KLA-Tencor, and Altera.
Xilinx said in a statement that it is cooperating with the SEC in this matter.
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