Securities
Jan. 9, 2007
WEB EXCLUSIVE: Vitesse Admits New CEO Took Backdated Stock Options
LOS ANGELES - Vitesse Semiconductors Corp., which has teetered in financial turmoil during widespread accounting and stock-option problems, disclosed Friday that recently appointed Chief Executive Officer Chris Gardner also took backdated options.
Daily Journal Staff Writer
LOS ANGELES - Vitesse Semiconductors Corp., which has teetered in financial turmoil during widespread accounting and stock-option problems, disclosed Friday that recently appointed Chief Executive Officer Chris Gardner also took backdated options.
The Southern California technology company stated that Gardner and Ira Dehimy, co-founder and chie...
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