Louisiana Municipal Police Employees' Retirement System v. Countrywide Financial Corp.

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October 2, 2007

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6162 Mortgage Bankers and Loan Correspondents
522390 Other Activities Related to Credit Intermediation
Louisiana Municipal Police Employees' Retirement System v. Countrywide Financial Corp.
2007 Del. Ch. LEXIS 138
State Court
Delaware
Court of Chancery
Brian E. Pastuszenski, Diane Zilka, Elizabeth C. Tucker, Jay W. Eisenhofer, Mark Lebovitch, Michael J. Barry, Salvatore J. Graziano, Stacey S. Baron, Stuart M. Glass, Thomas A. Beck
Richard Goldberg (plaintiffs); Frederick Dunbar (defendants)
Noble

Summary

In context of shareholder seeking access to company books, Delaware Chancery approves unique statistical methodology for testing whether stock option backdating has occurred.
Louisiana Municipal Police Employees' Retirement System v. Countrywide Financial Corp.
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See Also

Statistical Study of Options Backdating Supports Opening the Company Books

Legal and Court Case Update
December 2007

In context of shareholder seeking access to company books, Delaware Chancery approves unique statistical methodology for testing whether stock option backdating has occurred.

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