LAWSUITS NEWS & LEGAL INFORMATION
Marvell Settles Shareholder Class Action for $72 Million
This is a settlement for the Securities/Stock Fraud lawsuit.
A preliminary settlement has been approved in a securities class action filed in August 2007 against Marvell. The suit alleged that the company was backdating stock options.
The settlement is for a reported $72 million.
Published on Jun-10-09
The settlement is for a reported $72 million.
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