Established 1880 - World's #1 Company for Original Stock Certificates & RM Smythe Old Stock Research Services - Rated A+ by Better Business Bureau

Historic Stock & Bond Certificates                                                                              
RM Smythe Stock Research Since 1880                                                                          

Free Shipping for All Domestic USA Orders
Everything on Sale - Buy Now and Save

Stock Certificates Make Great Gifts
Scripophily is the Gift of History

What our customers say:


Digital River - Under investigation for backdating stock options  

Digital River - Under investigation for backdating stock options

Product #: digitalriver1

Normal Price: $139.95
Our Sales Price: $119.95

(You Save: 14%)


Beautifully engraved Certificate from the Digital River . This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of the company's logo. This item has the printed signatures of the company's officers. is a name you can TRUST!
Certificate Vignette

Founded in 1994, Digital River is a leading global e-commerce outsource provider, offering more than 32,000 companies complete e-commerce systems and services. The company's world-class infrastructure and professional services are proven to grow businesses quickly and profitably while reducing risk. Digital River's commerce services include e-commerce strategy, site development and hosting, order and transaction management, system integration, product fulfillment and returns, e-marketing and customer service. Digital River's clients include Symantec, Fujitsu, 3M, Siemens, Polaris, Major League Baseball, Novell, Autodesk, SONICblue, Adaptec and

The company's stock was trading over $50 in 1999 and sunk to around $5 in 2002. It is now trading around $60.

In December 2006, the U.S. Securities and Exchange Commission has asked Digital River Inc. to voluntarily turn over documents related to stock option grants from Jan. 1, 1998 to the present, the company said on Friday.

Digital River, which manages online businesses, said in a filing with the SEC that it intends to cooperate fully and that an internal review of such practices by a special committee of its board was ongoing.

In October, proxy advisory firm Glass Lewis & Co. pointed to Digital River in a report as a company whose late Form 4s -- in which companies disclose their stock-option awards -- could have resulted in higher profits for executives.

The proxy advisory firm said late Form 4s, where the price of the underlying stock increased materially between the purported grant date and the day the form 4 was filed, raised questions about whether the grant was backdated.

A stock options timing scandal has embroiled more than 160 companies.

The SEC is investigating the practice of backdating, in which companies change the day that stock options were granted to an earlier date when the stock was trading at a lower price, potentially allowing executives to lock in higher profits when they exercise their options.

Digital River shares closed at $56.08 on the Nasdaq, not far from their 52-week high of $60.99. Since the beginning of 2006, the stock has gained nearly 89 percent.

Product #: digitalriver1

Normal Price: $139.95
Our Sales Price: $119.95

(You Save: 14%)

Qty: and Old Company Research Press Releases

See Stock Certificate Expert Bob Kerstein, CEO
discuss Stock Certificates in Bloomberg ,  the Associated Press ,
CNBC with Jane Wells discussing the Facebook IPO,
Inside Edition and the Today Show

Subscribe to our New Free RSS New Products Feed in a Reader

Subscribe to Our New Product Additions Feed by Email

We will always maintain our founding commitment to customer satisfaction and the delivery of an exceptional product with an enjoyable shopping experience.  Please let us know how we may be of service to you. Stay Safe!!!

Scripophily has been
fully tested by
Norton Safe

E-Mail Subscription for Scripophily Stock and Bond News - No Charge

Bookmark and Share

Scripophily has been featured on CNN, CNBC, CBS, WSJ, Barrons, and many other fine publications
See in the News at

All Old Stock and Bond Certificates are actual authentic certificates and are sold only as collectibles. We do not sell reproductions and offer a lifetime guarantee to the authenticity of everything we sell.

All Rights Reserved. © 1996 - 2021 is a name you can TRUST!
American Institute of
Certified Public Accountants is a name you can TRUST!
Virginia Society CPA's
Bob Kerstein, Member
Click to Verify Trust Certificate - Yahoo is a licensee of the TRUSTe´┐Ż Privacy Seal Program is a name you can TRUST!
American Numismatic Association

Securities and Exchange
Commission Historical Society

Society of Paper Money Collectors
Member - Gift of History -  BBB Membership Seal
Better Business
 Bureau Member
Rated A+