Newspaper article from our research archive:

New York Ends Grasso Compensation Lawsuit; Prosecutors Fail in Attempt to Rein in Pay

New York Attorney General Andrew M. Cuomo yesterday dropped his case challenging the nearly $190 million compensation package of former New York Stock Exchange chairman Dick Grasso, hours after a state appeals court dismissed the two remaining claims.

The ruling came less than a week after the state's top court tossed out four other claims stemming from a 2004 lawsuit brought by former state attorney general Eliot L. Spitzer.

Cuomo could have continued the prosecution after the court decision yesterday but would have had to seek permission for a review -- and obtain a reversal -- from the Court of Appeals, the state's highest court.

"We have reviewed the Court's opinion and determined ...

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