CA Shareholder Wins Bid To Compel Settlement Info

Law360, New York (February 20, 2007, 12:00 AM EST) -- A dissident shareholder of software maker CA Inc. may be closer to recovering allegedly ill-gotten gains from former directors and executives after a state judge reportedly ordered several law firms to fork over evidence that could shed light on the way a $140 million civil class action settlement was reached.

The shareholder, Sam Wyly, has been seeking access to evidence relating to the settlement, which was reached in 2003 in connection with a $2.2 billion accounting fraud scandal at Computer Associates, now known as CA Inc....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.