Lawsuit Overview
Company
Security
NASDAQ: CNET
Case Name
CNET Networks Inc. Case 08/07/2008
Type of Lawsuit
Stockholder Derivative Action
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Summary
<p>On Thursday, August 7th, 2008, California Judge William Alsup of the U.S. District Court for the Northern District of California has signed an order dismissing the consolidated derivative class action against CNET Networks Inc. over alleged options backdating. Judge William Alsup found that the plaintiffs in the case repeatedly failed to adequately allege demand futility.</p>