Judge Selects Lead Plaintiff In Apple’s Options Case

Law360, New York (January 22, 2007, 12:00 AM EST) -- In a sign that securities litigation against Apple Computer Inc. may be heating up soon, a California district judge on Friday appointed the lead plaintiff in the case targeting the software giant for options backdating.

Judge Jeremy Fogel designated the New York City Employees Retirement System, which has the largest financial stake, worth millions of dollars, in the case, as lead plaintiff. He designated securities and corporate governance firm Grant & Eisenhofer to represent the New York pension system in the U.S. District Court for the...
To view the full article, register now.