SiliconBeat

Maxim Integrated Products, the Sunnyvale chip maker that hasn’t filed financial reports with the Securities and Exchange Commission since May 2006 because of an investigation into its past stock option granting practices, said Monday it reached a settlement of a shareholder lawsuit over the matter.

The legal action, brought against some of the company’s current and former executive officers and directors, included no admission of “wrongdoing or fault” on their part. Such settlements almost never do.

However, Read the rest of this entry »