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Securities

Nov. 5, 2009

Broadcom Witness Admits to Lying

The criminal options backdating trial of a former Broadcom executive took a critical turn as the government's main witness repeatedly impugned her own credibility.

By Gabe Friedman

Daily Journal Staff Writer

SANTA ANA -- The criminal trial of a former Broadcom executive for backdating stock options took a critical turn this week as the government's main witness repeatedly impugned her credibility during cross-examination.

During 20-minutes of driving testimony, Richard Marmaro of Skadden, Arps, Slate, Meagher & Flom forced the witness to repeat over and over that she had lied, lea...

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