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Novell's Board, Top Execs Hit With Backdating Suit

By Erin Marie Daly (October 17, 2006, 12:00 AM EDT) -- A shareholder is taking aim at Novell Inc.'s senior executives and board of directors, alleging in a federal lawsuit that they allowed senior insiders at the software company to divert hundreds of millions of dollars in corporate assets to themselves by manipulating stock option grant dates....

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