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Securities

Mar. 20, 2010

Defense Grills KB Home Key Witness

Attorneys defending former KB Home top executive Bruce Karatz from allegations of stock options backdating dug into the prosecution's chief witness in cross-examination Thursday, but were unable to rattle him.

By Gabe Friedman

Daily Journal Staff Writer

LOS ANGELES - Attorneys defending former KB Home top executive Bruce Karatz from allegations of stock options backdating dug into the prosecution's chief witness on cross-examination Thursday, but appeared unable to rattle him.

Gary Ray, 52, who worked as the human resources officer at KB Home from 1996 to 2005, maintained an icily-steady composure under hours of harsh questioning...

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