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Securities

Aug. 24, 2011

Former GC ready to settle SEC suit

Lisa C. Berry, former general counsel of Juniper Networks Inc. and KLA-Tencor Corp., and the Securities and Exchange Commission are poised to settle the government agency's civil lawsuit on undisclosed terms.


By Craig Anderson


Daily Journal Staff Writer


If the U.S. Securities and Exchange Commission approves a written settlement offer by Lisa C. Berry, a former general counsel at Juniper Networks Inc. and KLA-Tencor Corp. accused of backdating stock option grants, the government will be closer to concluding the years-old saga.


Berry's case is one of the few remaining government backdating lawsuits still unresolved.


Few general counsel...

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