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Litigation

Jan. 26, 2008

KLA-Tencor Backdating Class Action Settles for $65 Million

SAN JOSE - A Silicon Valley semiconductor equipment company that has been one of the main targets of government and media investigations of stock options backdating has agreed to settle a plaintiffs' class action for $65 million.

By Craig Anderson
Daily Journal Staff Writer
This article appears on Page 1.

      SAN JOSE - A Silicon Valley semiconductor equipment company that has been one of the main targets of government and media investigations of stock options backdating has agreed to settle a plaintiffs' class action for $65 million.
      The tentative deal with KLA-Tencor Corp., announced Thursday afternoon, wo...

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