Coherent, Inc. Announces Termination of SEC Informal Inquiry
Published: Jul 14, 2008
SANTA CLARA, Calif., July 10 /PRNewswire-FirstCall/ -- Coherent, Inc. , today announced that the Securities and Exchange Commission has formally notified the Company that its investigation of Coherent's historical stock option granting practices has been terminated and that it will not recommend any enforcement action.
Founded in 1966, Coherent, Inc. is a world leader in providing photonics based solutions to the commercial and scientific research markets and part of the Russell 2000. Please direct any questions to Leen Simonet, Chief Financial Officer at 408-764-4161. For more information about Coherent, visit the Company's Web site at http://www.coherent.com/ for product and financial updates.
CONTACT: Leen Simonet, +1-408-764-4161, for Coherent, Inc.
Web site: http://www.coherent.com//