By Ben James ( January 26, 2010, 4:24 PM EST) -- Two insurers have agreed to pay Black Box Corp. a combined $2 million to cover a derivative suit over alleged options backdating, but the communications company must still pay $1.6 million to plaintiffs' lawyers, as well as $4 million to resolve claims brought by former CEO Frederick Young, according to a proposed settlement....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.