Time to throw another lawsuit on the pile of dismissed civil claims stemming from alleged stock option backdating by former executives at Mercury Interactive.
The latest ruling came Monday, when San Jose Federal Judge Jeremy Fogel of the U.S. District Court, Northern District of California, dismissed with leave to amend a securities class action against former managers and the company — now owned by Hewlett-Packard — as overly broad. Fogel had already dismissed federal shareholder derivative claims against the company.
