Gary Gerhardt, former chief financial officer for Missouri-based defense contractor, Engineered Support Systems has been indicted on ten counts of fraud related to the backdating of ESS stock options. The alleged backdating irregularities took place between 1996 and 2002. ESS's former controller, Steven Landmann previously plead guilty to cooking the books.

More here on the ESS indictment, via the St. Louis Business Journal.

You also might want to check out the SEC's Feb '07 injunctive order against Gerhardt and Landmann

-- MDT

Labels: backdating, Engineered Support Systems, Gary Gerhardt, Steven Landmann, stock options