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Broadcom CFO and CEO Indicted - Indictment Reveals Litany of Alleged Backdating Schemes
CFO 
June 10, 2008 Excerpt: The former CFO and CEO of Broadcom Corporation have been indicted by a federal grand jury in California on securities fraud and conspiracy charges related to backdating stock options that caused the company to take a $2.2 billion write-down in 2007. The restatement is reported to be the largest accounting charge taken in connection with an options backdating case. MORE >> |
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