By Debra Cassens Weiss
A group of pension funds will receive $117.5 million to settle their class action suit against Mercury Interactive Corp. for losses caused by stock options backdating.
The deal is the largest to date in a stock options backdating suit, the San Jose Mercury News reports. Previously the record was an $18 million settlement, [...]
Filed under: corporate tax | Tagged: Backdating, Business ethics, Corporate compliance, Corporate counsel, Corporate governance, Criminal Investigations, Ethics, Executive Compensation, Regulatory Compliance, Securities Fraud, White Collar Crime | Leave a Comment »
