Many Silicon Valley companies share two things: backdating problems and close ties to Wilson Sonsini. But the law firm's ties arguably go far deeper than most attorney-client relationships: At Brocade Communications, Pixar and Juniper Networks, Larry Sonsini or his firm's private fund, WS Investment Co., held hundreds of thousands of shares. As executives accused of options wrongdoing mount defenses, their lawyers will point to the attorneys who advised their clients.
March 29, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Wilson Sonsini Goodrich & Rosati took Brocade Communications public on May 25, 1999. The shares were priced at $19 — seen as a good deal at that time because Brocade was actually swinging a profit that year, when so many tech companies going through an IPO were not.
The shares were an even better deal for Larry Sonsini, Wilson Sonsini’s name partner: He held pre-IPO options to buy more than 100,000 shares priced at $5, according to public filings with the Securities and Exchange Commission.
Presented by BigVoodoo
Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Lower Manhattan firm seeks a premises liability litigator (i.e., depositions, SJ motions, and/or trials) with at least 3-6 years of experien...
At NJM, a top-rated insurance company, we are seeking an Attorney on our Workers Compensation legal team with between 3 and 5 years of expe...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
