Archive for May 15th, 2008

A Reuters.com article published today summarizes a NERA Economic Consulting study on litigation involving stock options backdating allegations.  The study found that settlements in shareholder class actions filed for alleged backdating have been lower than “comparable shareholder class action settlements” and that settlement amounts have been less than half on average of what the firm had previously predicted.  The article goes on to discuss possible reasons for the lower settlement amounts, including the possibility that the weakest cases were settled first and the possibility that difficulties in proving direct injuries resulting from backdating might limit settlement values.  Here is a link to the article:


Read Full Post »