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CDNS > SEC Filings for CDNS > Form 8-K on 18-Nov-2011All Recent SEC Filings

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Form 8-K for CADENCE DESIGN SYSTEMS INC


18-Nov-2011

Regulation FD Disclosure, Financial Statements and Exhibits


Item 7.01. Regulation FD Disclosure.

In February 2011, the parties to the federal securities class action in the case captioned "In re Cadence Design Systems, Inc. Securities Litigation" (the "Securities Litigation") including Cadence Design Systems, Inc. ("Cadence"), reached an agreement to settle the Securities Litigation. The parties to the related state and federal derivative cases, both captioned "In re Cadence Design Systems, Inc. Derivative Litigation" (the "Derivative Litigation"), including Cadence, reached an agreement to settle the Derivative Litigation. The cases are described in more detail in Cadence's Quarterly Report on Form 10-Q for the third quarter of fiscal 2011. In connection with the settlement of these cases, on November 15, 2011, the United States District Court for the Northern District of California issued an order preliminarily approving the settlement of the Securities Litigation and the Derivative Litigation, including the Stipulation of Settlement in the Derivative Litigation, dated June 7, 2011 (the "Stipulation") and approving distribution of the Notice of Settlement in the Derivative Litigation (the "Notice"). The Stipulation requires that notice of such be given in the form of this Current Report on Form 8-K. The Stipulation and all exhibits thereto, available at
http://www.cadence.com/cadence/investor_relations/documents/cadence_derivative_stipulation.pdf, and the Notice, available at
http://www.cadence.com/cadence/investor_relations/documents/cadence_derivative_notice.pdf, are attached as Exhibits 99.01 and 99.02, respectively, to this Current Report on Form 8-K and incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

              Exhibit No.   Description

              99.01         Stipulation of Settlement.

              99.02         Notice of the Stipulation of Settlement.


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