Wednesday, June 14, 2006

Funds sue amid probe into timing of options


Shareholders begin to be heard!

Onésimo Alvarez-Moro

See article:
Shareholder anger over US executive compensation practices spilled into the open on Monday as two big US pension funds sued companies involved in an investigation into the timing of stock-option awards.

Darren Robbins, a partner at Lerach Coughlin, said his San Diego law firm was also representing pension funds in Europe and Australia that were preparing similar action.

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