{"id":634,"date":"2008-06-03T09:43:01","date_gmt":"2008-06-03T15:43:01","guid":{"rendered":"http:\/\/nixlaw.com\/?post_type=news&#038;p=634"},"modified":"2025-08-13T00:01:42","modified_gmt":"2025-08-13T00:01:42","slug":"npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system","status":"publish","type":"news","link":"https:\/\/nixlaw.com\/es\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/","title":{"rendered":"NP Settles Large Securities Case for Public Retirement System"},"content":{"rendered":"<p>Nix Patterson reached a settlement in a securities class action, in which they served as co-lead counsel, on behalf of its client, the Arkansas Public Employees Retirement System.&nbsp; The $160 million settlement will return funds to stockholders of Brocade Communications Systems, Inc. based on the company\u2019s improper backdating of stock options.&nbsp; Gail Stone of the Arkansas Public Employees Retirement System&nbsp; called the settlement an \u201coutstanding recovery\u201d and stated that, based on her calculations, the settlement represents close to a 100% recovery of the class\u2019 total damages.<\/p>\n<p>The Arkansas Public Employees Retirement System was represented by NP partners Jeffrey Angelovich and Brad Beckworth.<\/p>\n","protected":false},"featured_media":0,"parent":0,"menu_order":0,"template":"","meta":{"_acf_changed":false},"categories":[],"tags":[],"news_attorney_categories":[15,23],"news_categories":[17,18],"news_practice_areas":[307],"news_years":[27],"class_list":["post-634","news","type-news","status-publish","hentry","news_attorney_categories-bradley-beckworth","news_attorney_categories-jeffrey-angelovich","news_categories-case-update","news_categories-client-results","news_years-27"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Large Securities Settlement Achieved | Nix Patterson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nixlaw.com\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Large Securities Settlement Achieved | Nix Patterson\" \/>\n<meta property=\"og:description\" content=\"Nix Patterson reached a settlement in a securities class action, in which they served as co-lead counsel, on behalf of its client, the Arkansas Public Employees Retirement System.&nbsp; The $160 million settlement will return funds to stockholders of Brocade Communications Systems, Inc. based on the company\u2019s improper backdating of stock options.&nbsp; Gail Stone of the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nixlaw.com\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/\" \/>\n<meta property=\"og:site_name\" content=\"Nix Patterson, LLP\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Nix-Patterson-Roach-LLP-560328770976672\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-13T00:01:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nixlaw.com\/wp-content\/uploads\/2022\/12\/Screen-Shot-2022-12-23-at-11.58.57-AM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1522\" \/>\n\t<meta property=\"og:image:height\" content=\"940\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Large Securities Settlement Achieved | Nix Patterson","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nixlaw.com\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/","og_locale":"es_ES","og_type":"article","og_title":"Large Securities Settlement Achieved | Nix Patterson","og_description":"Nix Patterson reached a settlement in a securities class action, in which they served as co-lead counsel, on behalf of its client, the Arkansas Public Employees Retirement System.&nbsp; The $160 million settlement will return funds to stockholders of Brocade Communications Systems, Inc. based on the company\u2019s improper backdating of stock options.&nbsp; Gail Stone of the [&hellip;]","og_url":"https:\/\/nixlaw.com\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/","og_site_name":"Nix Patterson, LLP","article_publisher":"https:\/\/www.facebook.com\/Nix-Patterson-Roach-LLP-560328770976672\/","article_modified_time":"2025-08-13T00:01:42+00:00","og_image":[{"width":1522,"height":940,"url":"https:\/\/nixlaw.com\/wp-content\/uploads\/2022\/12\/Screen-Shot-2022-12-23-at-11.58.57-AM.png","type":"image\/png"}],"twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/nixlaw.com\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/","url":"https:\/\/nixlaw.com\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/","name":"Large Securities Settlement Achieved | Nix Patterson","isPartOf":{"@id":"https:\/\/nixlaw.com\/#website"},"datePublished":"2008-06-03T15:43:01+00:00","dateModified":"2025-08-13T00:01:42+00:00","breadcrumb":{"@id":"https:\/\/nixlaw.com\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/#breadcrumb"},"inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nixlaw.com\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nixlaw.com\/practice-areas\/class-action\/npr-reaches-large-securities-settlement-on-behalf-of-public-retirement-system\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Nix Patterson, LLP","item":"https:\/\/nixlaw.com\/es\/"},{"@type":"ListItem","position":2,"name":"NP Settles Large Securities Case for Public Retirement System"}]},{"@type":"WebSite","@id":"https:\/\/nixlaw.com\/#website","url":"https:\/\/nixlaw.com\/","name":"Nix Patterson, LLP","description":"A national contingency fee law firm providing litigation strategies and solutions","publisher":{"@id":"https:\/\/nixlaw.com\/#organization"},"alternateName":"Nix Law","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nixlaw.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Organization","@id":"https:\/\/nixlaw.com\/#organization","name":"Nix Patterson, LLP","url":"https:\/\/nixlaw.com\/","logo":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/nixlaw.com\/#\/schema\/logo\/image\/","url":"https:\/\/nixlaw.com\/wp-content\/uploads\/2022\/12\/cropped-nix-logo-vector-logo-tag.webp","contentUrl":"https:\/\/nixlaw.com\/wp-content\/uploads\/2022\/12\/cropped-nix-logo-vector-logo-tag.webp","width":1198,"height":272,"caption":"Nix Patterson, LLP"},"image":{"@id":"https:\/\/nixlaw.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Nix-Patterson-Roach-LLP-560328770976672\/","https:\/\/www.linkedin.com\/company\/11394755\/"]}]}},"_links":{"self":[{"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/news\/634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/types\/news"}],"wp:attachment":[{"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/media?parent=634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/categories?post=634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/tags?post=634"},{"taxonomy":"news_attorney_categories","embeddable":true,"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/news_attorney_categories?post=634"},{"taxonomy":"news_categories","embeddable":true,"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/news_categories?post=634"},{"taxonomy":"news_practice_areas","embeddable":true,"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/news_practice_areas?post=634"},{"taxonomy":"news_years","embeddable":true,"href":"https:\/\/nixlaw.com\/es\/wp-json\/wp\/v2\/news_years?post=634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}