Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, June 10, 2008

Cabelvision's Compensation Consultant Pays in Settlement

In what is said to be a first, a compensation consultant to Cablevision will pay the company $2 million to settle a derivative suit charging backdating of stock options.  The total settlement involves 16 individuals, including directors, officers and general counsel, and a total of $34.4 million in cash and other consideration.  CFO.com, Comp Consultant to Pay for Backdating.

http://lawprofessors.typepad.com/securities/2008/06/cabelvisions-co.html

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