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Tuesday, July 25, 2006

Options Backdating Securities Class Actions: The List

As promised, below is a running list of all options backdating securities class actions known to RiskMetrics Group's Securities Class Action Services. We will update this list regularly.

Current number of cases: 38 (last updated June 20, 2008)

Case Name Filing Date Court
American Tower Corp. 05/26/2006 USDC - D. Mass.
Amkor Technology 11/21/2006 USDC - E.D. Pa.
Apollo Group 11/02/2006 USDC - D. Ariz.
Apple Computer, Inc. 08/25/2006 USDC - N.D. Ca.
Aspen Technology 09/08/2006 USDC - D. Mass.
Broadcom Corp. 08/13/2006 USDC - C.D. Cal.
Brocade Communications Systems, Inc. 05/19/2005 USDC - N.D. Cal.
Brooks Automation, Inc. 06/19/2006 USDC - D. Mass.
Comverse Technology, Inc. 04/19/2006 USDC - E.D.N.Y.
Cyberonics, Inc. 06/17/2005 USDC - S.D. Tex.
Hansen Natural Corporation 11/29/2006 USDC - C.D. Cal.
HCC Insurance Holdings, Inc. 03/08/2007 USDC - S.D. Tex.
Jabil Circuit, Inc. 09/19/2006 USDC - M.D. Fla.
Juniper Networks, Inc. 07/17/2006 USDC - N.D. Cal.
KLA-Tencor Corp. 06/29/2006 USDC - N.D. Cal.
Marvell Technology Group 10/06/2006 USDC - N.D. Cal.
Maxim Integrated Products 02/05/2008 USDC - N.D. Cal.
Meade Instruments, Inc. 09/27/2006 USDC - C.D. Cal.
Mercury Interactive Corp. 08/19/2005 USDC - N.D. Cal.
Michaels Stores, Inc. 09/06/2006 USDC - N.D. Tex.
Monster Worldwide, Inc. 03/15/2007 USDC - S.D.N.Y.
Newpark Resources 11/09/2006 USDC - E.D. La.
Openwave Systems Inc. 02/21/2007 USDC - S.D.N.Y.
PainCare Holdings 03/21/2006 USDC - M.D. Fla.
Quest Software 10/27/2006 USDC - C.D. Cal.
Rambus, Inc. 07/17/2006 USDC - N.D. Cal.
Safenet, Inc. 08/01/2006 USDC - S.D.N.Y.
Semtech Corp. 08/10/2007 USDC - C.D. Cal.
Sonic Solutions, Inc. 10/04/2007 USDC - N.D. Cal.
Sunrise Senior Living 01/16/2007 USDC - D.D.C.
TeleTech Holdings, Inc. 01/25/2008 USDC - S.D.N.Y.
The Children's Place Retail Stores 09/21/2007 USDC - S.D.N.Y.
UnitedHealth Group, Inc. 05/05/2006 USDC - D. Minn.
UTStarcom, Inc. 09/05/2007 USDC - N.D. Cal.
Vitesse Semiconductor Corp. 05/02/2006 USDC - C.D. Cal.
Wireless Facilities, Inc. 03/19/2007 USDC - S.D. Cal.
Witness Systems, Inc. 08/15/2006 USDC - N.D. Ga.
Zoran Corp. 08/10/2006 USDC - N.D. Cal.

Comments

Company Admits Backdating Options of Dead CEO

CableVision admitted that it backdated options for a deceased CEO.

Cablevision Systems Corp. awarded options to a vice chairman after his 1999 death but backdated them, making it appear the grant was awarded when he still was alive, according to a company filing and people familiar with the matter.

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» Cornerstone and Stanford Release Interim Report On Filings In 2006 from The 10b-5 Daily
Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse have released an interim report on federal securities class action filings in 2006. The findings include: (1) The number of filings in the first half of 2006 is at... [Read More]

» We're Back from Lies, Damn Lies, & Forward Looking Statements
Regular posting will now resume. As my first official act, let me extend a hearty thank you to Kevin LaCroix at The D&O Diary for attempting to compile a comprehensive list (here) of the options backdating related litigation, and to Bruce Carton at ... [Read More]

   
 
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