Hansen Mentioned in Options Probe

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Hansen Natural Corp. said Tuesday that it has received a letter from the Securities and Exchange Commission requesting information about its stock option grant practices.

The company said it was asked to voluntarily produce certain documents and information relating to it practices from January 1, 1996 to the present.


The Corona-based drink maker added that the letter should not be construed as an indication by the SEC or its staff of any violations.


More than 140 companies have been mentioned, questioned or charged in options probes. More than a half-dozen are here in the L.A. area, including KB Home, Cheesecake Factory Inc., THQ Inc. and Activision Inc.


Shares in Hansen closed up 41 cents to $31.75 Tuesday.

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