In re cablevision systems corporation options backdating litigation

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Litigation arises from complaints about related-party transactions, corporate waste, unfair mergers, executive compensation, corporate governance, insider trading, accounting fraud, securities law violations, minority shareholder oppression and the Foreign Corrupt Practices Act.

Derivative lawsuits force company executives to maximize shareholder value and serve a critical role in preventing damaging acts of fiduciary wrongdoing from occurring at the company in the future.

As part of the settlement, worth .4 million, about .5 million being paid by Cablevision executives, directors and a consultant, while the other million will be paid by it's directors and officers' insurance.

[REUTERS: Cablevision Systems Corp.] Search for: Settlement reached in Cablevision lawsuit If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.

To download a copy of our firm’s resume click here. 03-209, United States District Court, District of New Jersey. Audet and Michael Mc Shane served as Court-appointed Class Counsel with pending 0 million settlement involving a defective radiant heating system. 1817, pending in the United States District Court, Eastern District of Pennsylvania. Despite the fact that the company declared bankruptcy, lead counsel William M. Audet of the firm serves as one of the Plaintiffs’ Class Counsel in a securities case filed against New Mexico-based Horizon Corporation for alleged violation of federal securities laws. Shareholders sued directors and officers to recover more than 0 million Defendants made by artificially inflating the company’s stock, representing that exceptional demand for the company’s products existed.

Audet & Partners, LLP partner Michael Mc Shane serves as Court appointed co-lead counsel on behalf of plaintiffs in a nationwide class action involving claims of a defective roofing product. Audet was appointed on of the Co-Lead Class counsel in a case involving recalled pet food. Audet was appointed lead counsel in a case involving recall of a well known toy product and was directly involved in the negotiations and class-wide resolution that provided for full refunds for class members, as well as other relief. Audet and his co-counsel were able to obtain relief and compensation for class members. , CV765564), Santa Clara County Superior Court, California. In fact, the company’s shipments of CD-ROM controllers far exceeded what the market could absorb.

New York, NY: (June-5-08) Cablevision Systems Corp.

The settlement resolves a shareholder lawsuit contending that the company engaged in improper stock options backdating practices in awards given to executives and directors from 1997 to 2002.

The case was pending in New York State Supreme Court.

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Please visit our Current Investigations to view some of our current case investigations. Audet was appointed lead counsel in a case involving recall of certain of defendants’ toy products. Attorneys from Audet & Partners, LLP served as Plaintiffs’ Counsel in this stockholder’s derivative action brought on behalf of Sybase against certain of the Company’s present and former officers and/or directors for insider trading.

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