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Final Approval Sought For $118M Broadcom Deal

By Ben James ( November 3, 2009, 8:04 PM EST) -- The plaintiffs and several defendants in derivative litigation over an alleged $2. 2 billion stock options backdating scheme at semiconductor maker Broadcom Corp. have asked a federal judge for final approval of a partial settlement deal under which the company would collect $118 million from insurers. . . .

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