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Law Practice

May 9, 2007

Plaintiffs' Attorneys Withdrew Novellus Backdating Complaint

SAN JOSE - Plaintiffs' attorneys have dropped a lawsuit against officers and directors of Novellus Systems over stock-options backdating after a federal judge expressed doubts about the case and federal regulators closed their investigation.

By Craig Anderson
Daily Journal Staff Writer

      SAN JOSE - Plaintiffs' attorneys have dropped a lawsuit against officers and directors of Novellus Systems over stock-options backdating after a federal judge expressed doubts about the case and federal regulators closed their investigation.
      The decision to dismiss the complaint is a rare example of plaintiffs' attorneys giving up on a suit ag...

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