DENVER, Dec. 1, 2006 (PRIME NEWSWIRE) -- The law firm of Shuman & Berens LLP (www.shumanberens.com) today encouraged persons who currently own the common stock Trident Microsystems Inc. (Nasdaq:TRID) to contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483 or via email at kip@shumanberens.com, concerning their rights and interests regarding possible stock option backdating at the company.
Shuman & Berens LLP is investigating potential backdating of Trident Microsystems stock options granted to company employees. On November 20, 2006, the company stated that it had used incorrect measurement dates when accounting for stock option grants. In addition, Frank Lin resigned as CEO and the company expects to record non-cash charges of $40 million to $50 million in periods between 1994 and 2006.
For a free consultation regarding your rights and interests with respect to your Trident Microsystems stockholdings, you may contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483, or via email at kip@shumanberens.com.
Shuman & Berens LLP's attorneys have extensive experience in prosecuting shareholder litigation and have played significant roles in securities actions throughout the nation. For more information about Shuman & Berens LLP go to www.shumanberens.com.