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Criminal

May 10, 2006

Gemstar's Ex-Chief Must Pay $22 Million in Fraud Scheme

SAN FRANCISCO - A federal judge Monday ordered former Gemstar-TV Guide International Chairman and Chief Executive Officer Henry C. Yuen to pay $22.3 million for his role in a scheme to defraud investors by inflating Gemstar's licensing and advertising revenues.

By Anna Oberthur
Daily Journal Staff Writer

      SAN FRANCISCO - A federal judge Monday ordered former Gemstar-TV Guide International Chairman and Chief Executive Officer Henry C. Yuen to pay $22.3 million for his role in a scheme to defraud investors by inflating Gemstar's licensing and advertising revenues.
      The fine was among the largest ever brought by the Securitie...

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