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Securities

Feb. 17, 2010

Investors Fare Well Stock Suits

But three years ago, a scandal erupted in corporate America over the practice of backdating options, prosecutors' success remains clouded.

By Gabe Friedman

Daily Journal Staff Writer

Three years ago, a scandal erupted in corporate America over the practice of backdating stock options to make them more lucrative for executives, with hundreds of companies suddenly announcing financial restatements to reflect their cost.

Now the era is rapidly winding down to a murky conclusion.

Last week, Juniper Networks announced a $169 million settlement to a share...

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