Wilson Sonsini Goodrich & Rosati has paid $9.5 million to Brocade Communications Systems to release itself — as well its chairman and former Brocade board member, Larry Sonsini — from civil claims stemming from the backdating disaster at the firm’s longtime client.
News of Wilson’s payment was tucked into a footnote in court filings Friday connected to the effort by Brocade’s special litigation committee to recover some of the approximately $830 million it alleges the scandal has cost the company in settlements, legal fees and a missed merger opportunity with Cisco Systems Inc.
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