Three executives at Mercury Interactive Corp. resigned after an internal investigation revealed that the company had allegedly manipulated stock options over the past decade.
Chief executive Amnon Landan, chief financial officer Douglas Smith and general counsel Susan Skaer stepped down from the company, which provides testing services for corporate software applications. An internal committee from Mercury's board of directors was formed this summer after the Securities and Exchange Commission announced in November 2004 that it would be looking into stock option practices at Silicon Valley companies.
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