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Legal News

: The BLT: The Blog of Legal Times

SEC Settles Vitesse Stock Option Backdating Case

By Jenna Greene

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Stock option backdating cases live on. The Securities and Exchange Commission today simultaneously filed and settled civil fraud charges against California-based integrated circuit maker Vitesse Semiconductor Corp. and four former senior executives for inflating revenue and backdating stock options. According...

Full post as published by The BLT: The Blog of Legal Times on December 10, 2010 (boomark / email).

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