In November 2005, Trident announced that its founding chairman and CEO, who owned 10% or more of the company's shares,[REF] had established a pre-arranged trading plan to sell up to 1,250,000 pre-split shares of common stock [REF].
The U.S. Securities and Exchange Commission in 2010 announced a settlement with Trident's founder and former CEO and with Trident's former Chief Accounting Officer, relating to a complaint alleging illegal back-dating of stock options in the period from 1993 to 2006.