Securities
Dec. 1, 2009
Ex-Broadcom CFO Gets Ready to Present Defense
Defense attorneys for Broadcom's former chief financial officer begin their case Tuesday at his criminal trial for stock options backdating, but competing narratives have already emerged to explain why Broadcom announced a $2.2 billion acco
Daily Journal Staff Writer
Defense attorneys for Broadcom's former chief financial officer begin their case Tuesday at his criminal trial for stock options backdating, but competing narratives have already emerged to explain why Broadcom announced a $2.2 billion accounting restatement in 2007.
William J. Ruehle either understood the rules for granting stock options and lied to lower the company's compen...
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