Law360, New York (April 1, 2009, 12:00 AM EDT) -- A settlement between Integrated Silicon Solutions Inc. and its officers and directors and a group of shareholders who sued the company over an options backdating scheme has received preliminary approval — after a months-long delay due to questions about Wilson Sonsini Goodrich & Rosati PC's role in the alleged scheme.
Judge Ronald M. Whyte of the U.S. District Court for the Northern District of California gave the preliminary sign-off on the settlement Tuesday after having originally declined to approve the deal in August.
At that time,...
After Delay, Judge OKs Integrated Backdating Deal
To view the full article, register now.
Try Law360 FREE for seven days
Already a subscriber? Click here to login
