Corporate
Oct. 7, 2006
Cheesecake Factory Execs Face Suit
LOS ANGELES -A Cheesecake Factory shareholder has filed a lawsuit alleging that directors and executive officers at the restaurant chain backdated and spring-loaded stock option grants and then traded their options on insider knowledge to defraud the company of millions of dollars.
Daily Journal Staff Writer
LOS ANGELES -A Cheesecake Factory shareholder has filed a lawsuit alleging that directors and executive officers at the restaurant chain backdated and spring-loaded stock option grants and then traded their options on insider knowledge to defraud the company of millions of dollars.
The suit, filed last Friday in the Central District C...
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