Intuit Inc. says that it properly accounted for past stock options awarded to its employees and it shouldn't need to restate past profits.
Intuit -- which makes the TurboTax and Quicken software programs -- announced that it was in the process of conducting an internal investigation of the handling of its stock options dating back to 1997. Intuit announced its own review in June, after revealing that it had received an informal inquiry from the Securities and Exchange Commission regarding its stock option-granting practices.
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