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Securities

May 16, 2008

Activision to Pay $25 Million For Backdating

In a potent reminder that stock options backdating created messy problems for many law firms, Activision announced a $25 million settlement to a derivative case it had been fighting that includes a $2 million contribution from its former firm, Bryan Cave.

By Gabe Friedman
Daily Journal Staff Writer
This article appears on Page 1

      LOS ANGELES - In a potent reminder that stock options backdating created messy problems for many law firms, Activision has announced a $25 million settlement to a derivative case it had been fighting.
      The settlement, filed in federal court in Los Angeles on Monday, includes a $2 million contributio...

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