F5 Investors Can Sue Without Board OK: Wash. Court

By Jessica Dye (May 26, 2009, 12:00 AM EDT) -- The Washington Supreme Court has thrown its support behind investors suing 17 current and former F5 Networks Inc. officials over an alleged options backdating scheme, ruling that the shareholders did not need to seek the approval of the technology company's board of directors under state corporate law before filing their federal suit....

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