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A surprising aspect of Mr. Todaro's case was that his certification was suspended in 2004 by the environmental agency, which cited poor building surveys and improper record keeping.
But the report failed to completely remove a cloud hanging over the company as a result of the backdating of options and improper record keeping, especially concerning two large option grants made to Mr. Jobs in 2000 and 2001.
Police officials suspended DNA testing at the laboratory after an audit completed in December found a host of problems with its methods, including poor calibration and maintenance of equipment, improper record keeping and a lack of safeguards against contamination of samples.
Telecommunications equipment maker PairGain Technologies pair fell only marginally after the company said it had agreed to plead guilty to charges of improper record keeping and pay a $1.4 million penalty in connection with investment losses incurred four years ago.
Similar(54)
The agency also blamed improper record-keeping and accounting and lax supervision for the failure.
Continental Airlines was fined $100,000 last year for improper record-keeping related to disability complaints.
"The fact that only individuals are being charged make it more likely that it's the improper payment and not back office record keeping violations, that the SEC is investigating," said Thomas Dewey, a form S.E.C. lawyer at the law firm of Dewey Pegno & Kramarsky.
Record keeping was an afterthought.
The record keeping is not always perfect.
And Fidelity does all the record keeping.
I cannot speak to the adequacy of their record keeping".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com