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News and Information

News and Information


March 10, 2010 After Delays, KLA Backdating Suit Settles

Source:Law.com

Former KLA-Tencor Corp. executives have agreed to settle a lawsuit over stock option backdating after four years of torturous litigation, according to a court filing (.pdf) Monday. Around $33 million in cash will be paid by the...

March 8, 2010 KB Home backdating case has high stakes for prosecutors

Source:LA Times

Two months after the federal government's criminal cases against Broadcom Corp.'s top executives collapsed, the U.S. attorney's office is taking aim at another stock-options backdating target: former KB Home chief Bruce Karatz.

February 18, 2010 More Options Backdating Settlements

Source:RiskMetrics.com

While it is far too late to suggest that we have reached an inflection point with regard to the options backdating litigation, we have certainly reached a reflection point, with the recently announced Juniper Networks, Inc....

February 11, 2010 Backdating Suit to be Settled by Juniper for $169 Million

Source:TopNews US

The second-largest, and one of the top-ranked manufacturers of networking equipment, Juniper Networks Inc. has reportedly agreed to shell out a payment of $169 Million, in order to effectively settle a shareholder lawsuit which...

February 9, 2010 DSP Group, Inc. Investor Alert: Investigation concerning Stock Option Backdating

Source:PR Log

An investigation on behalf of current investors in DSP Group Inc. (NASDAQ: DSPG) securities over possible stock option backdating at DSP Group was announced

February 5, 2010 SEC drops options-backdating suit against 4 Broadcom figures

Source:Los Angeles Times

The Securities and Exchange Commission on Thursday dropped a stock-options backdating lawsuit against four Broadcom Corp. figures, the latest legal victory for the Irvine chip company.

February 4, 2010 United States: Proxy Vote Processing Issues: Over-Voting And Empty Voting

Source:Mondaq.com

The past several months have seen a resurgence in the years-long debate over proxy mechanics. One focus of the debate has been issuers' concerns about "empty voting" and "over-voting," which relate to the registration of votes...

January 26, 2010 Black Box agrees to settle executive stock option lawsuits

Source:Pittsburgh Tribune-Review

Black Box Corp., embroiled for three years in legal battles involving the backdating of executive stock options, has agreed to a comprehensive settlement that includes paying $4 million to former CEO Fred Young

January 24, 2010 Stock backdating investigations changed Silicon Valley

Source:Oroville Mercury-Register

Hoping to spare her client from prison, an attorney for former Brocade executive Stephanie Jensen stood before a federal judge this month and argued that the furor over stock-option backdating was a "so-called scandal" that never...

January 13, 2010 F5 Says SEC Won't Recommend Backdating Charges

Source:ABC News

F5 Networks Inc. said Tuesday it has gotten notice from the Securities and Exchange Commission saying the agency won't recommended bringing any charges related to a stock options backdating investigation.

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