SEATTLE, Aug. 4, 2006 (PRIMEZONE) -- Keller Rohrback L.L.P. announces that a shareholder derivative complaint has been filed in the United States District Court for the Northern District of California on behalf of nominal defendant Atmel Corporation ("Atmel" or the "Company") (NYSE:ATML) and against current and former Company executives and board members.
Atmel recently announced that the Audit Committee of its Board of Directors had initiated an independent investigation regarding timing of past stock option grants and other potentially related issues. The Company also announced that it would not announce its second-quarter results or file its quarterly report for the quarter ended June 30, 2006 until after the completion of the investigation.
If you are an investor who holds Atmel stock and wish to discuss this case, you may contact any member of our team (paralegal Jennifer Tuato'o or attorneys Juli Farris, Elizabeth Leland, Cari Campen Laufenberg, Lynn Sarko or Gary Gotto) toll free at 800/776-6044, via e-mail at investor@kellerrohrback.com, or online at www.seattleclassaction.com.
Keller Rohrback L.L.P. is also investigating similar allegations related to the granting of stock options by the following companies:
Company - Ticker Symbol: Company - Ticker Symbol: Activision (ATVI) Intuit (INTU) Affymetrix (AFFX) Juniper Networks Inc. (JNPR) Altera (ALTR) KB Home (KBH) American Tower Corp. (AMT) Macrovision (MVSN) Amkor Technology (AMKR) Marvell Technology (MRVL) Apollo Group (APOL) Meade Instruments Corp (MEAD) Apple Computer (AAPL) Medarex (MEDX) Applied Micro Circuits Corp (AMCC) MicroStrategy (MSTR) Asyst (ASYT) Millennium Pharmaceuticals (MLNM) Atmel (ATML) Monster Worldwide (MNST) Barnes & Noble (BKS) Newpark Resources (NR) BE Aerospace (BEAV) NYFIX (NYFX.PK) BEA Systems Inc. (placeBEAS) OpenWave Systems Inc. (OPWV) Bed Bath & Beyond (BBBY) Opsware (OPSW) Blue Coat Systems (BCSI) Power Integrations Inc (POWI) Boston Communications Inc. (BCGI) Progress Software (PRGS.O) Broadcom (BRCM) Quest Software Inc. (QSFT) Brooks Automation Inc.(BRKS) QuickLogic (QUIK) Caremark Rx Inc. (CMX) Rambus Inc. (RMBS) Cheesecake Factory (CAKE) Redback Networks (RBAK) Computer Associates (CA) RSA Security Inc. (RSAS) Computer Sciences Corp. (CSC) Sanmina-SCI (SANM) Corinthian Colleges (COCO) Semtech Corp. (SMTC) Cyberonics (CYBX) Sepracor (SEPR) Dean Foods (DF) Sigma Designs Inc. (SIGM) Delta Petroleum (DPTR) Silicon Storage Technology (SSTI) Engineered Support Systems Take Two Interactive (TTWO) (bought out by DRS Technology) Trident Microsystems (TRID) Equinix (EQIX) VeriSign (VRSN) Foundry Networks (FDRY) Vitesse Semiconductor (VTSS.PK) Home Depot (HD) Xilinx (XLNX) Integrated Silicon Solutions Zoran (ZRAN) Inc. (ISSI)
Keller Rohrback L.L.P. is a law firm headquartered in Seattle that has successfully represented shareholders and consumers in class action cases for over two decades. Its trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.