RIM delays voluntary review of stock options



During the busy day that was September 28, or as I like to call it, “the day I regretted not investing in RIM sooner”, RIM announced that there would be a review of their earnings as there were some issues that needed addressing in their stock options from the past.

The gist is that RIM used to have a an option for their options that allowed employees who didn’t have the financial resources to take part in owning some stock and that caused a hiccup in the system.

RIM just released a press release noting that the results will still be delayed pending completion of its management-initiated, voluntary review of historical stock option grants. So that’s that. You can see the whole release here.