Santa Ana-based First American Corp. said Thursday the Securities and Exchange Commission has wrapped up a look into the company’s stock option grants and doesn’t plan to take any action.
In August, First American started a review of its stock option grants, looking at documentation and procedures for three company option plans.
The review looked at grants made in 1996, 1997 and 2006.
The company’s cost to fix improperly dated options came in at $35.7 million.
