Warren Rubin et al v. Shlomo Margalit et al --- (IN RE MRV COMMUNICATIONS, INC. DERIVATIVE LITIGATION)

  1. April 08, 2013

    MRV's $3M Options Backdating Settlement Gets Green Light

    A California federal judge said Monday he will give preliminary approval to a $3 million settlement in a shareholder derivative lawsuit accusing telecom equipment maker MRV Communications Inc. executives of illegally backdating stock options for years and deceiving investors, ruling the proposed deal appeared reasonable.

  2. March 05, 2013

    MRV To Pay $3M To Settle Options-Backdating Suit

    MRV Communications Inc. has agreed to pay $3 million to settle a shareholder derivative suit accusing corporate officers and directors of backdating options for years and deceiving investors, according to documents filed Friday in federal court in California.

  3. December 22, 2011

    MRV Can't Stay Shareholder Suit Over Backdated Options

    A California federal judge on Thursday denied MRV Communications Inc.'s request to stay a consolidated suit by shareholders accusing the optical-components supplier of secretly backdating options to its directors to boost their compensation.

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