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Securities

Apr. 10, 2010

KB Home Case Goes to Jury Today

The federal criminal trial of former KB Home CEO Bruce Karatz on stock option backdating charges wound down Thursday with a long, uninterrupted day of closing arguments differing sharply in style and substance.

By Gabe Friedman

Daily Journal Staff Writer

LOS ANGELES - The federal criminal trial of former KB Home CEO Bruce Karatz on stock option backdating charges wound down Thursday with a long, uninterrupted day of closing arguments that could not have differed more sharply in style and substance.

Karatz is one of the last of a half-dozen executives around the country to face civil or criminal charges for allegedly backdating stock o...

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