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Legal News

: JURIST - The Paper Chase

Broadcom executives indicted for stock option back-dating

By Bernard Hibbitts (editor) and University of Pittsburgh School of Law students.

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[JURIST] A federal grand jury has indicted two former executives of Silicon Valley technology firm Broadcom [corporate website] in connection with a scheme to backdate company stock options. According to the indictment [PDF text] unsealed in federal court Thursday, firm co-founder Henry T. Nicholas III and former CEO William J. Ruehle engaged in a "conspiracy to disguise, conceal, understate, and

Full post as published by JURIST - The Paper Chase on June 06, 2008 (boomark / email).

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