Year: 2008

This Week In Securities Litigation (February 1-7, 2008): Record Settlement, Option Backdating and Insider Trading

$65 million to settle one options backdating case Despite agreeing to pay what is reported to be one of the largest settlements in a securities class action based on backdating, semiconductor process control company KLA-Tencor Corp. still faces a tangle

The News Corp-Dow Jones Insider Trading Case: A Significant Settlement

Yesterday, the SEC settled one of the high profile insider trading cases it brought last year: the New Corp-Dow Jones case, SEC v. Kan King Wong, Civil Action No. 07 Civ. 3628 (S.D.N.Y. Filed May 8, 2007) (the SEC’s Press