MANHASSET, N.Y. Troubled semiconductor technology company Rambus Inc. has filed a From 12b-25 with the Securities and Exchange Commission, stating it would delay filing its Form 10-Q for the second quarter ended June, until an audit is completed investigating the company's accounting of stock options.
Rambus (Los Altos, Calif.) said last month its second-quarter financial results would be incomplete
as the company restates three years of financial results
, to compensate for errors accounting for stock options grants.
The restatement came after an internal audit committee determined the actual measurement dates for certain historical stock option grants differ from the recorded grant dates for such awards.
Rambus's Form 12b-25 filing did not say when the audit would be finished.
A number of companies are being investigated
for irregularities in accounting for their stock options grants.