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| ISSI > SEC Filings for ISSI > Form 8-K on 7-Apr-2009 | All Recent SEC Filings |
7-Apr-2009
Other Events, Financial Statements and Exhibits
On April 6, 2009, Integrated Silicon Solution, Inc. (the "Company") announced that the United States District Court for the Northern District of California has granted preliminary approval of the previously disclosed proposed settlement of In re Integrated Silicon Solution, Inc. Shareholder Derivative Litigation, Case No.: C-06-04387 RMW (N.D. Cal.), a consolidated shareholder derivative action that alleges various claims for relief in connection with the Company's granting of certain historical stock options. The proposed settlement was previously disclosed in a Current Report on Form 8-K that was filed with the U.S. Securities and Exchange Commission on March 28, 2008. The proposed settlement is subject to final Court approval. The Court has set a final approval hearing for June 5, 2009 at 9:00 a.m. in the courtroom of the Hon. Ronald Whyte, United States District Judge. The Court's Preliminary Approval Order requires the Company to provide a detailed notice to shareholders of the terms of the proposed settlement on a Current Report on Form 8-K. The required notice is attached as Exhibit 99.1 hereto. This detailed notice also contains important information regarding the rights of shareholders with respect to the proposed settlement.
(d) Exhibits
99.1 Notice to Shareholders of Proposed Settlement.
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