American Greetings Corporation Stock Option Backdating Investigation

An analysis on account of accepted investors of American Greetings Corporation (Public, NYSE:AM) over accessible actor claims arising out of abeyant banal advantage backdating continues.

Those who currently authority American Greetings Corporation (NYSE:AM) shares, accept assertive options and should acquaintance the Shareholders Foundation, Inc a email: mail(at)shareholdersfoundation.com or at: +1 (858) 779 - 1554.

According to the analysis by a law close the analysis focuses on actor claims that assertive American Greetings Corporation’s admiral and admiral accustomed backdated banal options, area the date of banal options the aggregation awards are afflicted to accompany with big moves in the company's banal price. AMER GREETINGS CL-A (NYSE: AM) operates predominantly in a individual industry: the design, accomplish and auction of accustomed and melancholia greeting cards and added amusing announcement products. Greeting cards, allowance wrap, affair goods, jotter and giftware are bogus or awash by American Greetings Corp. in North America, including the United States, Canada and Mexico, and throughout the world, primarily in the United Kingdom, Australia and New Zealand. The accumulated assembly and admiral of some companies have, so the investigation, allegedly been accepted banal options that were miraculously awarded just afore a ample run-up, acutely authoritative those options added valuable. According to the analysis abundant banal options at American Greetings Corporation were backdated or misdated over abundant years, and that, as a result, the assertive admiral & admiral of American Greetings Corp. accept been unjustly accomplished and American Greetings Corp.’s banking statements accept been apocryphal & ambiguous for a multi-year period.

American Greetings Corp. is amid in Cleveland, Ohio and appear in 2007 (ending on 02/29/08) Total Revenue of $1.77645billion with a Net Income of $83million and in 2008 (ending on 02/28/09) Totel Revenue of $1.69074billion. The shares of American Greetings Corporation (NYSE:AM) traded afresh at $22.45 per share, and over $28 per allotment in 2007. AM shares were down to $3.24 aural its 52weekLow.