
- Ex-McAfee Lawyer Roberts Alleges Defamation After Options Probe – Another star from the early days of backdating makes an appearance today. He's suing the company, which he says scapegoated him – and even came up with the name "Project Shield" for the malfeasance.
- Larger firms suffer as fees fall across the board – Law Central rounds up the UK's top firms. Third-quarter revenues were down 7.7% for the top 10, but only down 3.6% for the top 100. And it's even worse than that, because there were favorable exchange rates for the quarter.
- Federal Judge Tosses SEC Counts Against Ex-Mercury Interactive GC – Sort-of-good news for Susan Skaer (now Tanner), one of the first lawyers dragged into an options-backdating imbroglio.
- Mace General Counsel Sentenced to Year of Probation – He was actually convicted for stuff he did as COO of a sub, but it's all reportable to the bar anyway.
- New Model Emerging for Private Equity Deals – A long time ago in a galaxy far, far away private-equity deals looked very loose because the funds always claimed their reputation was on the line, so terms didn't matter. Apollo (and others) have disabused the world of that notion, and now they're trying to figure out new ways to get deals done.
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