We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

After Delay, Judge OKs Integrated Backdating Deal

Law360 (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,...
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.