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Cite as 13 C.D.O.S. 7776 FOX BROADCASTING COMPANY, INC.; TWENTIETH CENTURY FOX FILM CORPORATION; FOX TELEVISION HOLDINGS, INC., Plaintiffs-Appell
The full case caption appears at the end of this opinion. OPINION LUTTIG, Circuit Judge: The United States District Court for the Eastern District of North Carolina held
The full case caption appears at the end of this opinion.HUNTER, Judge.The dispositive issue in this case is whether the trialcourt erred in granting the def
Options 'Giveback' Settlements Could Become Trend
Defense and plaintiffs lawyers are pointing to the recent settlement of a stock-options backdating case, which featured options "givebacks" from executives, as a model likely to be followed in similar cases. The settlement of a derivative case involving Family Dollar Stores, and 13 current and former executives and officers, calls for four executives to relinquish 210,000 unexercised options. Both plaintiffs attorneys and defense counsel seem to be open to the idea of such givebacks becoming a trend.Fox Television Stations, Inc. v. Federal Communications Commission Before: Leval, Pooler and Hall, C.JJ. Decided: July 13, 2010 CARTER PHILLIPS, Sidley Austi
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