Rambus Issues Notice Regarding Settlement of Derivative Litigation Related to Its Past Stock...

Friday November 7, 4:35 pm ET LOS ALTOS, Calif.--(BUSINESS WIRE)--Rambus Inc. (Nasdaq:RMBS - News) today announced the issuance of the following notice of a proposed settlement of the derivative litigation relating to stock option practices pending against Rambus and a number of its present and former officers and directors1: ALL CURRENT RECORD HOLDERS AND BENEFICIAL OWNERS OF COMMON STOCK OF RAMBUS INC. ("RAMBUS" OR THE "COMPANY") AS OF OCTOBER 23, 2008 PLEASE TAKE NOTICE that the above-captioned shareholder derivative action (the "Action"), as well as the action captioned Herbert Francl, derivatively on behalf of Rambus Inc. v. PricewaterhouseCoopers, Case No: C-08-1315-JF (HRL) (N.D. Cal.) (collectively with the Action, the "Actions"), are being settled. The terms of the proposed settlement of the Actions (the... [read full story]                    

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