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B&N Settles Stock Option Lawsuits

Reuters reports that Barnes & Noble agreed to pay $2.75 million to settle shareholder lawsuits alleging the book retailer improperly dated certain stock option grants.

According to the settlement, which covers all shareholder suits pending in state and federal court, Barnes & Noble has agreed to institute certain corporate governance and internal control measures and pay plaintiffs’ counsels’ fees and expenses, but has not admitted any liability.

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Thursday May 23: Real Talk about Life after Publication

These days, writers aren’t just writers: They’re social-media mavens, seasoned public speakers, and one-person publicity machines. And they still have to find time to write their books! Find out what life is like once you've landed that dream book contract in a free web chat with young-adult authors Elizabeth Norris (Unraveling and Unbreakable) and Brodi Ashton (Everneath and Everbound) — plus special guest Kristin Rens, editor at HarperCollins imprint Balzer + Bray. Thursday, May 23 at 7:00 p.m. ET. on Figment.com.