Criminal
Nov. 25, 2010
KB Home Exec Faces 30-Month Prison Term
The U.S. Probation Office has recommended a 30-month prison sentence for former KB Home human resources chief Gary Ray.
By Ciaran McEvoy
Daily Journal Staff Writer
The U.S. Probation Office has recommended a 30-month prison sentence for former KB Home human resources chief Gary Ray, who was federal prosecutors' star witness in the government's stock options backdating case against the real estate company's ex-CEO Bruce Karatz.
In court papers filed in Los Angeles last week, Assistant U.S. Attorney Paul G. Stern indicated prosecutors would seek a dow...
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