Rambus Escapes SEC Options Probe Unscathed (RMBS)

Posted: December 5, 2007 at 8:38 pm

Rambus Inc. (NASDAQ:RMBS) has announced that it received notification from the SEC stating that the informal investigation into Rambus’s past stock option practices has been terminated and that no enforcement action has been recommended to the Commission.

Shares of Rambus closed up 3% with a strong semiconductor market today at $19.84.  Shares were up 1.7% at $20.19 on last look in after-hours trading, and the 52-week trading range is $12.05 to $23.95.

Jon C. Ogg
December 5, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

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