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Securities

Oct. 31, 2009

Broadcom Director Testifies at Trial

A former Broadcom Corp. board member testified that a former executive now on trial tricked him into approving improper stock option grants.

By Gabe Friedman

Daily Journal Staff Writer

SANTA ANA - A former Broadcom Corp. board member provided potentially damaging testimony of betrayal and deceit against the company's former chief financial officer, saying the executive tricked him into approving improper stock option grants.

Still, under aggressive cross-examination by defendant William J. Ruehle's lawyer, the witness also created an impression of indiffer...

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