S.E.C. to investigate Hain stock option practices
June 18, 2007
by Eric Schroeder
MELVILLE, N.Y. — The Hain Celestial Group, Inc., a maker of organic and natural food and personal care products, said it has been informed by the Securities and Exchange Commission that the agency is conducting an informal inquiry into the company’s stock option practices.
Hain said it plans to cooperate with the S.E.C.’s investigation but gave no other details on the matter.