The Ironworkers Ontario Pension Fund is asking for court approval to sue certain directors on Research In Motion’s audit committee.

A notice of application was filed with the Ontario Superior Court of Justice earlier this week.

The action relates to RIM’s historical option granting practices and also makes certain demands with respect to the conduct and scope of the company’s ongoing management-initiated, voluntary review of such practices.

In September, Research In Motion launched an internal investigation over its stock option practices.

For a previous story on this subject, click here.

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