April 21, 2015
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.
August 08, 2013
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.