Landry's says directors found no 'intentional misconduct' in option grants

HOUSTON Landry’s Restaurants Inc. reported July 30 that it had completed its internal review of stock option granting practices and that it will have to take a charge greater than the expected $8.6 million to correct past accounting errors.

The company did not reveal how much the charge would be, and only said that the aggregate after-tax charge “will need to be increased” from the $8.6 million it predicted in April.

Landry’s special committee of independen

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