RE:How BlackBerry Handled Past Wealth - New York Times ArticleThis same corrupted Management appointed the honest Heins.
" the company’s top executives had been routinely backdating options to get exercise prices as low as possible and had lied about the practice to, among others, its auditors.
In 2006, when the backdating scandal broke in the United States, the company piously denied it had done anything of the sort. A few months later, it had to admit it had lied. In the end, top executives surrendered a large number of options, and other options were re-priced. The Securities and Exchange Commission determined that more than 1,400 individual grants had been backdated."