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Halpert v. Zhang et al
Case Number:
1:12-cv-01339
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Nature of Suit:
Multi Party Litigation:
Derivative Litigation
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April 21, 2015
AsiaInfo Board Shakes Investor Suit Over Exec Stock Options
A Delaware federal judge has dismissed a shareholder derivative suit alleging the board of telecommunication software company AsiaInfo-Linkage Inc. violated a bonus plan by doling out excess stock options to officers, saying Tuesday that once a take-private deal was completed, the plaintiffs no longer had standing.
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August 08, 2013
AsiaInfo Can't Duck Derivative Suit Over Stock Options Bonus
A Delaware federal judge Wednesday rejected a bid by AsiaInfo-Linkage Inc.'s top brass to toss a shareholder derivative suit alleging the board of the telecommunication software company violated a bonus plan by doling out excess stock options to officers.