Ryan v. Gifford et al.

Ryan v. Gifford et al., Civ. A. 2213-CC (Del. Ch.) (Options backdating litigation.  We were the initial and co-lead counsel in Delaware Chancery Court derivative litigation challenging Maxim Integrated Products Inc.’s backdated employee stock option practices; achieved significant legal victories before settling for $38 million in cash, and unique corporate governance changes.  The legal victory that we achieved in this case was ground-breaking in favor of investors and is considered the primary cited Delaware case on corporate governance. Ryan v. Gifford, 918 A.2d 341 (Del. Ch. Feb. 6, 2007)).

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