September 7, 2007 / 8:52 PM / 10 years ago

Rambus reaches settles options suit for $18 mln

Sept 7 (Reuters) - Rambus Inc. (RMBS.O), which licenses technology to computer chip makers, said it settled a class action suit related to its accounting for stock option grants by agreeing to pay $18 million.

The company said the settlement, subject to review by a court, will lead to a dismissal of all claims against all defendants in the litigation. (Reporting by Ratul Ray Chaudhuri in Bangalore)

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