These colorful personal details, and many more, are described at much greater length in a June 2003 article entitled “Lifestyles of the Rich and Shameless” (here), as is this particularly interesting note about an unsuccessful MBO bid that Deason led in 1988, in connection with MTech, a company Deason previously founded: In 1988, with banks failing all over Texas, MTech’s majority owner MCorp…began to slide toward Chapter 11.Reading the tea leaves, Deason puts together a 0 million management buyout of his firm. He resigns some 90 minutes into his employment with EDS, apparently walking out before anyone can get him to sign a noncompete agreement….“This technique stands to revolutionize radiocarbon dating,” said Marvin Rowe, Ph. “It expands the possibility for analyzing extensive museum collections that have previously been off limits because of their rarity or intrinsic value and the destructive nature of the current method of radiocarbon dating.In theory, it could even be used to date the Shroud of Turin.” Rowe explained that the new method is a form of radiocarbon dating, the archaeologist’s standard tool to estimate the age of an object by measuring its content of naturally-occurring radioactive carbon.Although it sometimes requires taking minute samples of an object, even that damage may be unacceptable for some artifacts.The new method does not involve removing a sample of the object.It is being examined by the Securities and Exchange Commission. 7, the company announced that investors should no longer rely on its prior disclosures about the findings of its continuing internal probe. Noncash compensation costs related to backdating will be about million, plus additional tax-related expenses.It had previously said a preliminary review suggested no intentional backdating occurred and any charges were likely to be minor. (Headlines) (Options chart) The maker of gene-testing devices said on Aug 1 that an internal probe has uncovered "certain documentation lapses" in its stock options grant processes from 1997 through 1999, including one instance when the option grant date should have been recorded differently.
Deason, who retired as CEO in 1999 and is still ACS’s Chairman, received two option grants on extremely favorable terms, two internal probes didn’t find evidence that Mr.
In prior posts, I have discussed how conflicts of interest in management-led buyouts can give rise to litigation (refer here), and I have examined the ways the recent credit market turmoil is not only undermining leveraged buyouts but also engendering lawsuits (refer here).
I have also extensively reviewed options backdating litigation (most recently here).
Conventional carbon dating estimates the age of an artifact based on its content of carbon-14 (C-14), a naturally occurring, radioactive form of carbon.
Comparing the C-14 levels in the object to levels of C-14 expected in the atmosphere for a particular historic period allows scientists to estimate the age of an artifact.
SAN FRANCISCO, March 23, 2010 — Scientists today described development of a new method to determine the age of ancient mummies, old artwork, and other relics without causing damage to these treasures of global cultural heritage.