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« Backdating Suits | Main | Some Hedge Funds Short SubPrime Debt »

November 20, 2007

Apple Wins Again

Judge Fogel, after dismissing the securities class action against Apple for back dating options and telling plaintiffs that their remedy was a derivative action, has dismissed the derivation action against Apple for violating the statute of limitations.  So, one of the most high profile cases of compensatory stock option back dating will go unaddressed by federal courts in private actions.

November 20, 2007 in Corporate Governance | Permalink

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