Corporate
May 10, 2007
Judge Tosses BroadCom's Motions to Dismiss Shareholders' Suit
LOS ANGELES - Shareholders suing Broadcom Corp. executives over backdated stock options sailed past a critical hurdle when a federal judge quashed several motions to dismiss their lawsuit.
Daily Journal Staff Writer
LOS ANGELES - Shareholders suing Broadcom Corp. executives over backdated stock options sailed past a critical hurdle when a federal judge quashed several motions to dismiss their lawsuit.
U.S. District Judge Manuel L. Real on Monday let the majority of claims stand in a ruling from the bench but dismissed an insider-trading claim for several d...
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