Integrated Deal Stalled Over Possible WSGR Conflict

Law360, New York (August 14, 2008, 12:00 AM EDT) -- A California district court has put the brakes on an options backdating settlement reached between shareholders of Integrated Silicon Solutions Inc. and the company's officers and directors, demanding more information about the law firm Wilson Sonsini Goodrich & Rosati PC's relationship with Integrated Silicon.

In a ruling handed down on Aug. 11, Judge Ronald M. Whyte of the U.S. District Court for the Northern District of California refused to preliminarily approve the settlement reached in the options backdating suit filed against Integrated Silicon, asking for additional...
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