Alleged insider trading accusations still remain howeverYahoo is reporting that ATI has settled with the Ontario Securities Commission to the tune of?900,000?Canadian?over charges of misleading investors back in 2000.?
"Settlement with the OSC is in the best interests of the company, our employees and our shareholders. We are pleased to put the matter behind us and to continue to focus on company operations," said ATI in a statement.
There are still outstanding allegations against some of the higher ups at ATI with regards to insider trading as the stock took a tumble just after some execs cashed in. NVIDIA ran into similar problems with some of their employees before their share price exploded with the announcement that they had won the Xbox contract from Microsoft.
The Inq on ATI Multi VPU (2005-03-25)