The Recorder and two other media companies have prevailed in efforts to unseal court documents in the Mercury Interactive stock options backdating case. Santa Clara County, Calif., Judge James Kleinberg granted the motion last week, but stayed the order until Feb. 8 pending any appeal. Kleinberg rejected an argument that there was an overriding interest to avoid embarrassing former executives, writing, in part, "The personal finances of the rich and famous are not worthy of sealing."
January 29, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The Recorder and two other media companies have prevailed in their effort to unseal court documents in the Mercury Interactive Corp. stock options backdating case.
Santa Clara County, Calif., Judge James Kleinberg granted the motion (.pdf) of The Recorder, Bloomberg News and the San Francisco Chronicle on Wednesday. He stayed the order until Feb. 8 pending any appeal.
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