Deloitte & Touche settles suit alleging that it approved options “backdating”

Last month, on the eve of a scheduled trial, the accounting firm of Deloitte & Touche quietly settled a malpractice suit that accused it of having approved a stock option pricing program that amounted to backdating.
The plaintiff in the case, San Jose semiconductor maker Micrel Inc., disclosed the fact of the settlement — though […]

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