*Source: BetaNews (
http://www.betanews.com/article/Appl...d/1195166399)*
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One of Apple's legal headaches disappeared on Thursday as a judge threw out one of the lawsuits against the company over its options backdating scandal. The suit, brought against it by the New York City Employees Retirement System, was filed in August of last year. It charged that Apple had diluted the stock price by issuing some 200 million improperly accounted stock options. US District Judge Jeremy Fogel disagreed, saying the group itself had admitted the stock price did not fall as a result of the backdating, an important threshold the plaintiffs had to meet in order to sue the company for its actions.
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