March 10, 2005

Settlement in Canopy Group lawsuits remains solid, attorneys say

Author: Bob Mims, Salt Lake Tribune

SALT LAKE CITY -- Attorneys for both the Canopy Group, the parent company of the SCO Group, and three ousted executives have confirmed that an out-of-court settlement of their dueling lawsuits remains solid, and the deal could be formalized by week's end.

As The Salt Lake Tribune reported earlier, lawyers for the Lindon-based technology venture firm and the trio challenging their December firings chief executive Ralph Yarro, chief financial officer Darcy Mott and corporate counsel Brent Christensen notified 4th District Court of the settlement late Monday.

Click Here!