Tuesday, June 20, 2006

Delta Petroleum gets subpoena over stock option grants

SAN FRANCISCO (MarketWatch) -- Delta Petroleum Corp. (DPTR : 14.47, -0.36, -2.4% ) said late Monday it has received a subpoena from the U.S. Attorney for the Southern District of New York requesting records dating back to 1996 related to the company's granting of stock options. Denver-based Delta Petroleum announced May 22 it would conduct an internal review of historical stock option practices and related accounting.

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