Cambridge, Mass. - Forrester Research, the Cambridge, Mass.-based, technology market research firm, has received notification from the Securities and Exchange Commission (SEC) that it intends to launch an investigation relating to the company's stock option granting practices.

The company said in March that an internal investigation found that grants made mainly between 1998 and 2004 had been "backdated," where the date on which options were granted is changed to increase their value for employees.

The Nasdaq will allow Forrester's shares to remain listed on the exchange, so long as it files restated financial reports by Sept. 12.

Related Links:
http://sec.gov/Archives/edgar/data

http://www.forrester.com