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With challenges to the backdating of executive stock options proliferating, plaintiffs' attorneys are jockeying for control of potentially lucrative litigation. More than 60 companies are being investigated by the DOJ or the SEC, and the U.S. Attorney's Offices in the Southern and Eastern Districts have both issued backdating subpoenas. But plaintiffs' attorneys are not waiting for indictments. They have already filed billions of dollars in lawsuits, and more are in the pipeline.
July 20, 2006 at 12:00 AM
1 minute read
Presented by BigVoodoo
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