One of Silicon Valley’s first in-house lawyers to get caught up in the stock option backdating tsunami just got a little legal reprieve.
U.S. District Judge Jeremy Fogel of San Jose dismissed all counts brought by the Securities and Exchange Commission against former Mercury Interactive Corp. GC Susan Skaer, who now goes by the last name of Tanner. The ruling this week was a bit of a reversal for Fogel; he had originally let some of the SEC’s suit against Skaer stand, though he had always considered the allegations hazy.
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