In 2007 the SEC investigated a number of instances where companies had backdated the stock options that they granted to senior executives.

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This statement is true. The SEC did indeed investigate numerous cases of backdating of stock options granted to senior executives in 2007. Backdating refers to the practice of manipulating the date on which a stock option was granted, in order to make it appear that it was granted at a more favorable market price, thus potentially increasing the value of the option to the recipient. This practice can be illegal if it is not disclosed properly or if it involves manipulation of financial or accounting records. The SEC has taken action against multiple companies and executives for backdating stock options.

In 2007 the SEC Investigated a Number of Instances Where