MARVELL TECHNOLOGY: Jasmine Networks Suit Pending in Calif.

Marvell Technology Group Inc. and several of its officers continue to defend themselves in a legal dispute with Jasmine Networks Inc. in the Santa Clara County Superior Court, the Company disclosed in its latest Quarterly Report on Form 10-Q filed…

MARVELL TECH: Approval in Settlement of Derivative Suits Pending

Marvell Technology Group Inc. awaits the final approval of the tentative settlement entered by the parties in two consolidated shareholder derivative actions in the U.S. District Court for the Northern District of California.

On March 5, 2008, the parties entered into…

MARVELL TECHNOLOGY: $10M Penalty Paid Over Stock Methods Probe

Marvell Technology Group Inc. accrued a US$10 million civil penalty in the first quarter of fiscal 2009 relating to the U.S. Securities and Exchange Commission’s formal investigation on the Company’s historical stock option granting practices.

The Company paid the penalty…

MARVELL TECH: Jasmine Networks Lawsuit Still Ongoing in Calif.

The lawsuit filed by Jasmine Networks Inc. against Marvell Technology Group Inc. and several of its officers in the Santa Clara County Superior Court is ongoing.

In the suit, filed on Sept. 12, 2001, Jasmine Networks alleges claims against the…

MARVELL TECHNOLOGY: Shareholder Suit in Washington Still Ongoing

Marvell Technology Group Ltd., as a nominal defendant, continues to face a shareholder’s complaint in the District Court for the Western District of Washington.

On Oct. 9, 2007, a purported Marvell shareholder filed a complaint for violation of Section 16(b) of…