A Shocking Defense

MacDonald, Elizabeth
October 2005
Forbes Asia;10/31/2005, Vol. 1 Issue 6, p38
The article focuses on a lawsuit filed by SEC Insight against stun gun manufacturer Taser International for issuing questionable stock options to current and former police officers who purchased its products in Arizona. SEC has unveiled records in the lawsuit showing that the company has given 30,000 stock options from 2001 to 2003. The issued options were valued at an estimated $210,000 when they were issued. Court filings revealed that the company gave 775 stock options to Darren Laur, a law enforcement official, for designing a gun holster.


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