Securities
Feb. 6, 2010
SEC Drops Broadcom Civil Case
The Securities and Exchange Commission's decision came at the coaxing of a federal judge and marks the end of the pursuit of the tech company's executives over stock backdating charges.
Daily Journal Staff Writer
The Securities and Exchange Commission dropped its plan to pursue civil fraud charges against four former Broadcom executives accused of a massive stock option backdating conspiracy, at the coaxing of a federal judge.
It marked the latest nail in the coffin for what was once a huge effort to pursue civil and criminal fraud charges against four former Broadcom executives for backdating...
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