A le may restate earnings as far back as 2002

I'm no stock market maven, but something tells me this i 't good. It would seem that A le's internal audits have found some 'irregularities' in the way the company handed out optio . It boils down to mi ricing, I believe, so that people could avoid paying huge taxes on their optio .

A le has postponed filing with the SEC and may restate earnings going as far back as September 2002. As of this posting it looks like Steve Jo i 't involved with this, but that still doe 't make the situation a good one. If you want to hear from someone who knows what they are talking about read this post on our sister blog, Blogging Stocks.