Securities
Stocks
Past Stock Option Backdating
Stuart J. Steele, et al. v. Rambus Inc., et al.
Published: Jan. 14, 2012 | Result Date: Dec. 21, 2011 | Filing Date: Jan. 1, 1900 |Case number: 1-08-CV-113682 Settlement – $10,850,000
Court
Santa Clara Superior
Attorneys
Plaintiff
Gretchen M. Nelson
(Nelson & Fraenkel LLP)
Gabriel S. Barenfeld
(Nelson & Fraenkel LLP)
Defendant
Jay L. Pomerantz
(Fenwick & West LLP)
Gregory P. Stone
(Munger, Tolles & Olson LLP)
Caroline McIntyre
(Bergeson LLP)
David Siegel
(Irell & Manella LLP)
Robert L. Dell Angelo
(Munger, Tolles & Olson LLP)
Daniel J. Bergeson
(Bergeson LLP)
Facts
Rambus Inc. was sued relating to stock option grants that were incorrectly dated or accounted for (backdating).
Result
Rambus agreed to settle the matter for $10.85 million.
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