Mercury Interactive

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HP-Owned Mercury Settles Backdating Suit

$117.5 award in class action case is largest yet for options mischief

(Newser) - In the largest settlement yet for a class action lawsuit concerning stock options backdating, Mercury Interactive will pay out $117.5 million to pension fund investors, the San Jose Mercury News reports. Mercury's counsel was quick to say that the company was not admitting liability despite agreeing to the settlement....

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