In perusing our options backdating scorecard, we realized that we hadn't updated two cases.

1. The Vitesse Semiconductor Corp. (Pink Sheets: VTSS) litigation actually had two settlements, one with the corporate defendant and the directors and officers, and a separate settlement with KPMG, the auditors.  The revised total value of the two settlements is $20,774,322.

2. The UTStarcom, Inc. (Nasdaq: UTSI) case, which was initially dismissed by the District Court, was settled for $9.5 million back in 2009.

Thus, of the 39 options backdating cases that were filed as securities class actions, 35 have now reached a resolution. Of the resolved cases, 8 of those cases have been dismissed and 27 have settled.  There are now only 4 cases waiting for a substantial final resolution - just over 10% of the filed options backdating class actions.

The twenty seven settlements total $2.15 billion, for an average of $79.7 million.

As always, our complete analysis can be accessed in this presentation.