A day after repricing options, ISSI files settlement details of backdating charges(0)
A day after repricing underwater options held by a couple hundred of its employees, Integrated Silicon Solutions filed details Tuesday of a proposed settlement of a lawsuit against the company and some of its current and past executives and members of its board over allegations of stock option backdating.
Although the defendants in the matter — including the company’s chief executive, Jimmy Lee — deny “each and every allegation” made in the complaint, Read the rest of this entry »
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