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Litigation

Apr. 7, 2010

Judge Approves Atmel Settlement

Over the objections of the company's former general counsel, a San Jose judge has approved a settlement in which former Atmel Corp. executives will pay the company $9.65 million while plaintiffs' lawyers get $4.94 million.

By Craig Anderson

Daily Journal Staff Writer

Over the objections of the company's former general counsel, a San Jose judge has approved a settlement in which former Atmel Corp. executives will pay the company $9.65 million while plaintiffs' lawyers get $4.94 million.

Mike Ross, who was fired by the San Jose semiconductor company and who subsequently filed a lawsuit in state court, argued that the deal should be rejecte...

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