Tech Companies Had a Bumpy Year in Securities and Exchange Commission Filings

Patrick Clark — Thu, 20 Dec 2012 13:57:28 -0400

Maybe it was a given that tech companies would have a few hiccups in their 2012 Securities and Exchange filings, what with the influx of new companies learning the ins-and-outs of public reporting and the high-profile nature of more established companies.

And surprise, surprise, when SEC filings maven Michele Leder compiled her list of the year's most egregious bits of corporate hide-and-go seek, guess what dominated the list? Tech.

The highlights:

The $30 million package Zynga gave Barry Cottle to come over from Electronic Arts and fill the role of chief revenue officer at the social gaming company.

A February filing in which Netflix became what Ms. Leder believes to be the first company ever to file SEC documents averring a need to “repair the damage to our brand"—after the company ticked off customers by changing its pricing structure.

Yahoo's laughable claim that Jerry Yang resignation from the company's board of directors had nothing to do with any disagreements he may have had with others at the company.

The Dell executive who got $1.9 million in relocation expenses to move 200 miles from Round Rock to Plano, Texas.

Better luck next year.

Betabeat » Tech Companies Had a Bumpy Year in Securities and Exchange Commission Filings

Tech Companies Had a Bumpy Year in Securities and Exchange Commission Filings