DENVER, Oct. 24, 2006 (PRIMEZONE) -- The law firm of Shuman & Berens LLP (www.shumanberens.com) today encouraged persons who currently own the common stock of Western Digital Corp. (NYSE:WDC) to contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483 or via email at Kip@shumanberens.com, concerning their rights and interests regarding possible stock option backdating at the company.
Shuman & Berens LLP is investigating the possible backdating of Western Digital Corp. stock options granted to company employees. The Company has announced that it made 19 improper stock option grants between 1998 and 2003. As a result, the Company should have recognized approximately $21 million of stock compensation and tax-related expenses.
For a free consultation regarding your rights and interests with respect to your Western Digital Corp. stockholdings, you may contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483, or via email at Kip@shumanberens.com
Shuman & Berens LLP attorneys have extensive experience in prosecuting shareholder litigation and have played significant roles in securities actions throughout the nation, resulting in substantial recoveries to investors. For more information about Shuman & Berens LLP go to (www.shumanberens.com)