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IBM Case 06/2/2008

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Lawsuit Overview

On Monday, June 2nd 2008, lawyers for the plaintiffs announced, that IBM Corp settled a shareholder class action for more thant $ 20 million. The shareholders accused the technology company misled investors, who purchased the company’s stock during a nine-day period in 2005 about employee stock-option expenses. The settlement was reached one year after the Securities and Exchange Comm...

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