Securities
Jun. 2, 2010
Prosecutors Reverse Themselves, Say They Won't Appeal Broadcom Dismissal
After months of silence about their intentions, U.S. prosecutors in Santa Ana filed a motion to drop their criminal case against three former Broadcom executives accused of backdating stock options.
Daily Journal Staff Writer
After months of silence about their intentions, U.S. prosecutors in Santa Ana filed a motion to drop their criminal case against three former Broadcom executives accused of backdating stock options.
The timing of the news late on the Friday before Memorial Day weekend appeared designed to draw minimal scrutiny to a case that has been an embarrassment for the U.S. attorney's office...
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